Indonesia Balance of Trade 1960-2015 | Data | Chart | Calendar | Forecast

Indonesia recorded a trade surplus of 955 USD Million in May of 2015. Balance of Trade in Indonesia averaged 764.51 USD Million from 1960 until 2015, 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. Balance of Trade in Indonesia is reported by the Statistics Indonesia.

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Indonesia Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
955.00 477.40 4641.92 -2329.13 1960 - 2015 USD Million Monthly
Since the 1970’s Indonesia has been recording consistent trade surpluses due to robust exports growth. However, since 2012 the country started recording trade deficits as exports fell due to a slowdown in the global economy and falling commodity prices. In recent years, the biggest trade deficits were recorded with Thailand, Japan, South Korea, Australia and Germany. Indonesia records trade surpluses with India, United States, Malaysia, United Kingdom and Singapore. . 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. Content for - Indonesia Balance of Trade - was last refreshed on Tuesday, July 7, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-04-15 04:00 AM Mar $1.13B $ 0.66B (R) $ 0.62B $ 0.4B
2015-05-15 03:00 AM Apr $0.45B $1.13B $ 0.12B $ 0.7B
2015-06-15 05:00 AM May $0.95B $0.48B (R) $0.41B $ 0.5B
2015-07-15 04:15 AM Jun $0.95B $ 0.9B
2015-08-18 04:15 AM Jul $ 1B
2015-09-15 04:15 AM Aug $ 1.2B


Indonesia Trade Surplus Widens in May


Indonesia recorded a USD 955 million trade surplus in May of 2015, surging from a 53.27 million surplus reported a year earlier and beating market consensus, as imports declined more than exports.

In May, exports fell by 15.24 percent year-on-year to USD 12.56 billion. Sales of non-oil and gas products fell by 10.07 percent to USD 11.19 billion and those of oil and gas dropped by 42.32 percent to USD 1.37 billion.

Imports declined by 21.40 percent year-on-year to USD 11.60 billion. Purchases of non-oil and gas products fell by 13.87 percent to USD 9.53 billion and those of oil and gas decreased by 43.87 percent to USD 2.08 billion.

Compared to the previous month, exports fell by 12.28 percent. Oil exports declined by 5.36 percent and sales of non-oil and gas products declined by 12.92 percent. By products, sales declined for: fat and animal/natural oils (-17.54 percent to USD 1.52 billion), mineral fuels (-15.69 percent to USD 1.27 billion), machinery/electrical equipments (-12.36 percent to USD 648.2 million), rubber and rubber articles (-10.14 percent to USD 494.2 million) and vehicles other than railway (-10.79 percent to USD 429.70 million). In contrast, outbond shipments increased for: pearls, precious and semi-precious stones (+14.91 percent to USD 589.4 million); ores, slag and ash (+410.84 percent to USD 508.1 million); articles of iron and steel (+64.23 percent to USD 201.7 million); iron and steel (+23.72 percent to USD 142.7 million) and inorganic chemicals (+111.27 percent to USD 64.6 million).

Sales to the country's major trading partners were mostly down except those to Japan, South Korea and Australia. Those to the ASEAN countries declined the most by 6.86 percent to USD 2.15 billion, followed by China (-6.18 percent to USD 1.10 billion), the US (-6.65 percent to USD 1238 billion), India (-3.68 percent to USD 1.14 billion), the EU countries (-1.01 percent to USD 1.31 billion) and Taiwan (-17.72 percent to USD 313.6 million). In contrast, sales rose to Japan by 11.48 percent to USD 1.14 billion), Australia (+57.36 percent to USD 274.1 milllion) and South Korea (+9.16 percent to USD 478.7 million).

Compared to the previous month, imports decreased by 8.05 percent. Purchases of oil and gas fell by 10.95 percent while those of non-oil and gas decreased by 7.39 percent. Imports declined for raw materials (-10.01 percent to USD 8.71 billion ) and  capital goods (-4.02 percent to USD 1.95 billion). In contrast, imports of consumption goods increased by 3.76 percent to USD 944.6 million.

In April 2015, the country posted a revised USD 477.4 million trade surplus.

Indonesia has been running a consistent trade surpluses since December 2014.

Statistics Indonesia l Rida Husna l rida@tradingeconomics.com
6/15/2015 6:07:51 AM


Recent Releases

Indonesia Reports Trade Surplus in April
Indonesia recorded a USD 0.45 billion trade surplus in April of 2015, rebounding from a 1.96 billion deficit reported a year earlier and beating market consensus, as imports declined more than exports.
Published on 2015-05-15

Indonesia Trade Surplus Widens in March
Indonesia trade surplus was USD 1.13 billion in March of 2015, significantly up from a USD 0.67 billion surplus reported a year earlier and well ahead of market expectations.
Published on 2015-04-15

Indonesia Reports Trade Surplus For Third Consecutive Month
Indonesia trade surplus was USD 738.3 million in February of 2015, down from a USD 843.4 million surplus reported a year earlier but well ahead of market expectations.
Published on 2015-03-16

Indonesia Trade Surplus Beats Markets Expectations
Indonesia reported a USD 709.4 million trade surplus in January of 2015, swinging from a USD 443.9 million deficit a year earlier as imports declined much faster than exports.
Published on 2015-02-16


Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade 955.00 477.40 4641.92 -2329.13 USD Million [+]
Exports 12564.60 13103.70 18647.83 30.00 USD Million [+]
Imports 11609.60 12626.30 17416.99 21.00 USD Million [+]
Current Account -3800.00 -5700.00 3795.00 -10133.00 USD Million [+]
Current Account to GDP -2.95 -3.20 4.80 -6.80 percent [+]
External Debt 292578.54 264060.33 292578.54 132629.00 USD Million [+]
Terms of Trade 98.35 97.17 135.30 89.01 Index Points [+]
Foreign Direct Investment 82100.00 78700.00 82100.00 35400.00 Billion IDR [+]
Remittances 2342.00 2135.00 2342.00 1202.00 USD Million [+]
Tourist Arrivals 793499.00 749882.00 915334.00 548821.00 [+]
Gold Reserves 78.07 78.07 96.45 73.09 Tonnes [+]
Crude Oil Production 803.00 801.00 1720.00 772.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2751.00 May/15 -4136.00 2254.00 -4136.00 AUD Million [+]
Brazil 4527.00 Jun/15 2761.00 5659.37 -4058.14 USD Million [+]
Canada -3339.60 May/15 -2992.00 8524.80 -3853.00 CAD Million [+]
China 594.88 May/15 341.34 606.19 -319.71 USD Hundred Million [+]
Euro Area 24941.50 Apr/15 22974.80 24941.50 -16748.10 EUR Million [+]
France -4020.00 May/15 -3310.00 2674.00 -7086.00 EUR Million [+]
Germany 22100.00 Apr/15 23100.00 23500.00 -535.91 EUR Million [+]
India -10406.20 May/15 -10990.00 258.90 -20210.90 USD Million [+]
Indonesia 955.00 May/15 477.40 4641.92 -2329.13 USD Million [+]
Italy 3736.00 Apr/15 4011.00 6923.00 -6389.30 EUR Million [+]
Japan -216.00 May/15 -53.44 1608.67 -2795.04 JPY Billion [+]
Mexico -1017.00 May/15 -85.30 1710.25 -3292.30 USD Million [+]
Netherlands 5017.00 Apr/15 5440.00 6329.20 -907.60 EUR Million [+]
Russia 17142.00 May/15 15037.00 20356.00 -185.00 USD Million [+]
South Korea 10243.00 Jun/15 6300.98 10243.00 -4043.45 USD Million [+]
Spain -2253100.00 Apr/15 -890600.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3433.00 May/15 2658.00 3894.91 -1478.68 CHF million [+]
Turkey -6753.00 May/15 -4966.00 24.51 -10453.06 USD Million [+]
United Kingdom -1202.00 Apr/15 -3093.00 2946.00 -5397.00 GBP Million [+]
United States -41871.00 May/15 -40698.00 1946.00 -67823.00 USD Million [+]