Indonesia Balance of Trade  1960-2017 | Data | Chart | Calendar | Forecast

Indonesia posted a trade surplus of 0.99 USD billion in December of 2016, compared to a 0.16 USD billion deficit a year earlier. Figure came above market estimates of a 0.84 USD billion surplus, as exports rose much more than imports. Year-on-year, exports jumped 15.57 percent to 13.77 USD billion, following a 21.34 percent rise in the prior month and beating market consensus of a 13.27 percent gain. Imports went up 5.82 percent to 12.78 USD billion, following a 9.88 percent growth in a month earlier while markets expected a 3.5 percent rise. In November 2016, trade surplus was marginally revised to 0.83 USD billion. Considering full year of 2016, exports fell 3.95 percent from a year earlier to 144.43 USD billion while imports declined by 4.94 percent to 135.65 USD billion. That brought a trade surplus of 8.78 USD billion during the period, larger than a 7.67 USD billion surplus recorded in 2015. Balance of Trade in Indonesia averaged 761.87 USD Million from 1960 until 2016, reaching an all time high of 4641.92 USD Million in December of 2006 and a record low of -2329.13 USD Million in July of 2013.

Indonesia Balance of Trade
Receive the next reported value for Indonesia Balance of Trade in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-15 04:00 AM Oct $1.21B $1.27B $1.03B $ 0.8B
2016-12-15 04:00 AM Nov $0.84B $1.24B $0.82B $0.75B
2017-01-16 04:00 AM Dec $0.99B $0.83B $0.84B $0.5B
2017-02-15 04:00 AM Jan $0.99B
2017-03-15 04:00 AM Feb
2017-04-17 04:00 AM Mar




Indonesia Trade Balance Swings to Surplus in December


Indonesia posted a trade surplus of 0.99 USD billion in December of 2016, compared to a 0.16 USD billion deficit a year earlier. Figure came above market estimates of a 0.84 USD billion surplus, as exports rose much more than imports.

Year-on-year, exports jumped 15.57 percent to 13.77 USD billion, following a 21.34 percent in the prior month and beating market consensus of a 13.27 percent rise.  It was the third straight month of increase, as sales of non-oil and gas products went up 18.11 percent to 12.54 USD billion while those of oil and gas dropped by 5.22 percent to 1.10 USD billion.  

Imports went up 5.82 percent to 12.78 USD billion, following a 9.88 percent growth in a month earlier while markets expected a 3.5 percent growth. It was also the third consecutive month of growth, as purchases of non-oil and gas rose 7.91 percent to 11.09 USD billion while those of oil and gas fell 6.15 percent to 1.69 USD billion. 

Compared to the previous month, outbound shipments rose 1.99 percent, as oil exports increased by 11.66 percent, followed by sales of non-oil and gas products (+1.13 percent). By categories, outbound shipments rose for: mineral fuels (+9.06 percent), rubber and rubber goods (+14.81 percent), apparel not knitted (+22.03 percent); ore, cruct and gray metal (+29.19 percent) and iron & steel (+44.82 percent). In contrast, sales decreased for: machinery/electrical equipment (-10.44 percent); jewelry, gems (-32.0 percent), vehicles & parts (-17.26 percent), machinery/aircraft mechanics (-8.30 percent) and goods from iron & steel (-28.52 percent). Sales went up to most of the country's trading partners: the ASEAN countries (+4.24 percent), the EU countries (+6.94 percent), China (+2.82 percent), the US (+8.88 percent), South Korea (+26.06 percent) and Taiwan (+5.72 percent). In contrast, exports fell to Japan (-3.98 percent), India (-13.58 percent) and Australia (-32.66 percent).

Compared to the prior month, inbound shipments increased by 0.88 perent. While purchases of non-oil and gas rose 1.35 percent, those of oil and gas declined by 2.13 percent. Imports went up the most for consumption goods (+27.25 percent to 1.31 USD billion, followed by capital goods (+7.49 percent to 2.23 USD billion). In contrast, purchases of raw material declined by 3.38 percent to 9.25 USD billion.

Considering full year of 2016, exports fell 3.95 percent from a year earlier to 144.43 USD billion while imports declined by 4.94 percent to 135.65 USD billion. That brought a trade surplus of 8.78 USD billion during the period, larger than a 7.67 USD billion surplus recorded in 2015.

Statistics Indonesia l Rida Husna | rida@tradingeconomics.com
1/16/2017 5:55:01 AM



Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade 992.10 834.20 4641.92 -2329.13 USD Million [+]
Exports 13772.40 13495.30 18647.83 30.00 USD Million [+]
Imports 12780.30 12657.50 17416.99 21.00 USD Million [+]
Current Account -4493.00 -4995.00 3795.00 -10125.60 USD Million [+]
Current Account to GDP -2.06 -3.20 4.80 -6.80 percent [+]
External Debt 310670.25 292578.54 310670.25 132629.00 USD Million [+]
Terms of Trade 107.06 107.95 117.70 77.43 Index Points [+]
Foreign Direct Investment 99700.00 99400.00 99700.00 35400.00 IDR Billion [+]
Remittances 2192.00 2268.00 2390.00 1202.00 USD Million [+]
Tourist Arrivals 855545.00 913589.00 987819.00 548821.00 [+]
Gold Reserves 78.07 78.07 96.45 73.09 Tonnes [+]
Crude Oil Production 847.00 837.00 1720.00 764.00 BBL/D/1K [+]
Terrorism Index 4.43 4.76 6.55 3.92 [+]
Weapons Sales 4.00 8.00 49.00 1.00 USD Million [+]



Indonesia Balance of Trade Notes

Since the 1970’s Indonesia has been recording consistent trade surpluses due to robust exports growth. However, from 2012 to 2014 the country started recording trade deficits, as exports shrank due to slowdown in the global economy and fall in commodity prices. In 2015, trade balance swang again to surplus due to almost 20 percent fall in imports. In recent years, the biggest trade deficits were recorded with China, Thailand, Japan, Germany and South Korea. Indonesia records trade surpluses mainly with India, United States, and Malaysia. . This page provides the latest reported value for - Indonesia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Indonesia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
992.10 834.20 4641.92 -2329.13 1960 - 2016 USD Million Monthly



Last
Afghanistan -7159.00 Dec/15
Albania -33679.40 Dec/16
Algeria -1308.00 Dec/15
Angola 4470.03 Jun/16
Argentina 100.00 Nov/16
Armenia -173.30 Nov/16
Aruba -465.10 Sep/16
Australia 1243.00 Nov/16
Austria -465.00 Oct/16
Azerbaijan 981353.00 Sep/16
Bahamas -517.60 Sep/16
Bahrain 312.40 Dec/15
Bangladesh -89.57 Oct/16
Barbados -181864.00 Jun/16
Belarus -340.90 Nov/16
Belgium 2456.70 Nov/16
Belize -153.10 Nov/16
Benin -278.15 Sep/16
Bhutan -26021.60 Dec/15
Bolivia -116.89 Sep/16
Bosnia and Herzegovina -499648.55 Nov/16
Botswana -2508.80 Oct/16
Brazil 4415.00 Dec/16
Brunei 246.20 Oct/16
Bulgaria -241.80 Nov/16
Burkina Faso -86.40 Mar/16
Burundi -118434.20 Aug/16
Cambodia -554.50 Sep/16
Cameroon -1189.42 Dec/14
Canada 526.40 Nov/16
Cape Verde -5397.60 Oct/16
Cayman Islands -746.00 Dec/15
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile 1226.87 Dec/16
China 408.18 Dec/16
Colombia -0.93 Oct/16
Comoros -73203.00 Dec/16
Congo 1001.80 Dec/14
Costa Rica -569.90 Nov/16
Croatia -3668.67 Nov/16
Cuba -9578.00 Dec/15
Cyprus -338508.00 Nov/16
Czech Republic 37502.29 Nov/16
Denmark 5123.30 Nov/16
Djibouti -168260.00 Dec/15
Dominican Republic -589.40 Jun/16
East Timor -39175.91 Jun/16
Ecuador -112866.00 Nov/16
Egypt -3166.00 Oct/16
El Salvador -435.57 Nov/16
Equatorial Guinea 2723.70 Dec/10
Eritrea -833.00 Dec/15
Estonia -112.57 Nov/16
Ethiopia -3254.50 Jun/16
Euro Area 25941.20 Nov/16
European Union 6900.10 Nov/16
Fiji -204403.00 Sep/16
Finland -150.00 Nov/16
France -4377.00 Nov/16
Gabon 3711.95 Dec/13
Gambia -2344.80 Jun/16
Georgia -766.50 Dec/16
Germany 22618.00 Nov/16
Ghana -452.40 Sep/16
Greece -1554.80 Nov/16
Guatemala -691.30 Nov/16
Guinea 32.97 Sep/16
Guinea Bissau 8.20 Dec/15
Guyana -133.90 Sep/16
Haiti -236.40 Sep/16
Honduras -556.90 Sep/16
Hong Kong -34053.00 Nov/16
Hungary 280000.00 Nov/16
Iceland -4400.00 Dec/16
India -10369.40 Dec/16
Indonesia 992.10 Dec/16
Iran 4258.00 Dec/15
Iraq 4397.00 Dec/15
Ireland 4044600.00 Nov/16
Israel -1442.80 Dec/16
Italy 4202.85 Nov/16
Ivory Coast 1256.00 Dec/15
Jamaica -723200.00 Jun/16
Japan 153.00 Nov/16
Jordan -746551.00 Oct/16
Kazakhstan 1297.60 Nov/16
Kenya -73063.30 Oct/16
Kosovo -202700.00 Nov/16
Kuwait 1422.20 Sep/16
Kyrgyzstan -206.70 Oct/16
Laos -339.15 Jun/16
Latvia -122.10 Nov/16
Lebanon -1222.52 Oct/16
Lesotho -2305.61 Sep/16
Liberia -82.20 Sep/16
Libya -7687.60 Dec/15
Liechtenstein 327117.00 Sep/16
Lithuania -26.10 Nov/16
Luxembourg -0.80 Oct/16
Macau -6026970.00 Nov/16
Macedonia -186849.00 Nov/16
Madagascar -234693.00 Sep/16
Malawi -53950.00 Mar/16
Malaysia 9030.00 Nov/16
Maldives -157.50 Sep/16
Mali -226.10 Sep/15
Malta -102800.00 Nov/16
Mauritania -79.64 Mar/16
Mauritius -8218.00 Oct/16
Mexico 200.00 Nov/16
Moldova -135.80 Nov/16
Monaco -104.50 Jun/16
Mongolia 362.30 Dec/16
Montenegro -132470.00 Nov/16
Morocco -13866.00 Nov/16
Mozambique -434.30 Sep/16
Myanmar -181.40 Apr/16
Namibia -6654.37 Sep/16
Nepal -80884.00 Jun/16
Netherlands 5544.00 Nov/16
New Caledonia -7307.00 Oct/16
New Zealand -704.62 Nov/16
Nicaragua -212.90 Sep/16
Niger -108402.00 Sep/16
Nigeria -27238.30 Sep/16
North Korea -476.67 Dec/15
Norway 23279.00 Dec/16
Oman 119.20 Jul/16
Pakistan -289139.00 Dec/16
Palestine -320.60 Oct/16
Panama -961388.00 Nov/16
Papua New Guinea 3223.00 Jun/16
Paraguay -453352.00 Dec/16
Peru 279.00 Nov/16
Philippines -2566000.00 Nov/16
Poland 102.00 Nov/16
Portugal -790.68 Nov/16
Puerto Rico 2801.60 Oct/16
Qatar 9630.00 Nov/16
Republic of the Congo 4092.35 Dec/10
Romania -865.50 Nov/16
Russia 9137.00 Nov/16
Rwanda -116.57 Nov/16
Sao Tome and Principe -29.78 Sep/16
Saudi Arabia 73133.00 Sep/16
Senegal -201.40 Nov/16
Serbia -320.40 Nov/16
Seychelles -44.02 Nov/16
Sierra Leone -52.89 Jun/16
Singapore 6120.70 Dec/16
Slovakia 287.00 Nov/16
Slovenia -15.23 Nov/16
Somalia -1473.48 Dec/15
South Africa -1091.85 Nov/16
South Korea 7000.00 Dec/16
South Sudan -104.70 Dec/15
Spain -1246304.00 Nov/16
Sri Lanka -922.00 Nov/16
Sudan -338394.00 Sep/16
Suriname 42.20 Sep/16
Swaziland 1037.15 Mar/16
Sweden -1100.00 Nov/16
Switzerland 3636.00 Nov/16
Syria 9394.50 Dec/10
Taiwan 4864.00 Dec/16
Tajikistan -188.00 Nov/16
Tanzania -88.90 Oct/16
Thailand 1540.00 Nov/16
Togo -74.03 Jun/16
Trinidad and Tobago -364.10 Jun/16
Tunisia -992.50 Dec/16
Turkey -4113.35 Nov/16
Turkmenistan 2181.97 Dec/15
Uganda -131.90 Nov/16
Ukraine -235.50 Nov/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -4167.00 Nov/16
United States -45240.00 Nov/16
Uruguay -140377.00 Nov/17
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam -494.00 Dec/16
Yemen -2914.30 Dec/13
Zambia -998.80 Sep/16
Zimbabwe -241.27 Aug/16