Indonesia Balance of Trade 1960-2014 | Data | Chart | Calendar | Forecast

Indonesia recorded a trade surplus of 20 USD Million in October of 2014. Balance of Trade in Indonesia averaged 767.33 USD Million from 1960 until 2014, 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


Actual Previous Highest Lowest Dates Unit Frequency
20.00 -270.30 4641.92 -2329.13 1960 - 2014 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 - Indonesia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Indonesia Balance of Trade - was last refreshed on Thursday, December 18, 2014.


Indonesia Registers Small Trade Surplus in October


Indonesia posted a USD 20 million trade surplus in October of 2014, swinging from a USD 270 million deficit in the preceding month, but down from a USD 790 million surplus a year earlier. Year-on-year, exports and imports declined by 2.21 percent.

In October, exports amounted to USD 15.35 billion. Sales of non-oil and gas products fell by 0.78 percent year-on-year and oil and gas exports dropped by 9.50 percent. Imports amounted to USD 15.33 billion with purchases of non-oil and gas products falling by 3.69 percent and of oil and gas increasing by 2.99 percent.

On a monthly basis, exports rose 4.9 percent while imports fell 1.40 percent. Oil exports fell 5.84 percent in October, while sales of non-oil and gas products increased 1.80 percent. Outbond shipments to South Korea fell the most by 18 percent, followed by Taiwan (-14 percent), China (-7.23 percent), Thailand (-4.08 percent) and the United States (-3.71 percent). In contrast, exports to Australia increased the most by 36.91 percent, followed by India (+7.61 percent), the US (+5.11 percent) and the EU countries (+4.10 percent).

Oil and gas imports in October fell 2.03 percent over a month earlier. Purchases of non-oil and gas products also declined 1.21 percent. Inbound shipments from the country's main trading partners mostly increased compared to September. Those from South Korea accelerated by 21 percent, followed by the United States (11.43 percent), the ASEAN countries (4.45 percent) and Japan. In contrast, imports from China fell 8.22 percent, followed by Taiwan (-8.13 percent), Thailand (-7.52 percent) and India (-6.39 percent).


Statistics Indonesia l Rida l rida@tradingeconomics.com
12/1/2014 12:31:14 PM


Recent Releases

Indonesia Trade Deficit Narrows in September
In September of 2014, Indonesia's trade gap decreased to USD 0.27 billion from a USD 0.80 billion deficit a year earlier as exports grew faster than imports. In August, the country posted a revised USD 0.31 billion trade deficit. Published on 2014-11-03

Indonesia Trade Balance Swings to Deficit in August
Indonesia posted a USD 0.318 billion trade deficit in August of 2014, compared to a USD 0.07 billion surplus a year earlier and below market forecasts, as imports grew faster than exports. In July, the country posted a revised USD 0.043 billion trade surplus. Published on 2014-10-01


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-10-01 05:00 AM
Balance of Trade  Aug
$-0.32B $ 0.043B (R) $ 0.17B $ -0.1B
2014-11-03 04:15 AM
Balance of Trade  Sep
$-0.27B $-0.31B (R) $-0.2B $ 0.1B
2014-12-01 04:15 AM
Balance of Trade  Oct
$0.02B $-0.27B $ 0.07B $ 0.2B
2015-01-02 02:00 AM
Balance of Trade  Nov
2015-02-03 02:00 AM
Balance of Trade  Dec
2015-03-03 04:00 AM
Balance of Trade  Jan


Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade 20.00 -270.30 4641.92 -2329.13 USD Million [+]
Exports 15350.90 15275.80 18647.83 30.00 USD Million [+]
Imports 15327.70 15546.10 17416.99 21.00 USD Million [+]
Current Account -6835.90 -8689.00 3795.00 -10133.00 USD Million [+]
Current Account to GDP -3.30 -2.80 4.80 -6.80 percent [+]
External Debt 264060.33 251199.94 264060.33 132629.00 USD Million [+]
Terms of Trade 96.40 98.72 135.30 89.01 Index Points [+]
Foreign Direct Investment 78300.00 78000.00 78300.00 35400.00 Billion IDR [+]
Remittances 2192.00 1901.00 2192.00 1202.00 USD Million [+]
Tourist Arrivals 808767.00 791296.00 860655.00 548821.00 [+]
Gold Reserves 78.07 78.07 96.45 73.09 Tonnes [+]
Crude Oil Production 800.00 800.00 1720.00 785.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1323.00 Oct/14 -2235.00 2226.00 -3892.00 AUD Million [+]
Brazil -2350.52 Nov/14 -1177.00 5659.37 -4058.14 USD Million [+]
Canada 100.00 Oct/14 310.00 8524.80 -2902.90 CAD Million [+]
China 544.74 Nov/14 454.05 544.74 -319.71 USD Hundred Million [+]
Euro Area 24000.00 Oct/14 18100.00 24000.00 -16638.00 EUR Million [+]
France -4608.00 Oct/14 -4715.00 2674.00 -7086.00 EUR Million [+]
Germany 21900.00 Oct/14 22100.00 23400.00 -535.91 EUR Million [+]
India -16860.00 Nov/14 -13350.00 258.90 -20210.90 USD Million [+]
Indonesia 20.00 Oct/14 -270.30 4641.92 -2329.13 USD Million [+]
Italy 5397.00 Oct/14 2020.00 6923.00 -6389.30 EUR Million [+]
Japan -891.85 Nov/14 -709.99 1608.67 -2795.04 JPY Billion [+]
Mexico 143.00 Oct/14 590.00 1710.25 -3292.30 USD Million [+]
Netherlands 5195.00 Oct/14 4707.00 5195.00 -907.60 EUR Million [+]
Russia 13595.00 Oct/14 12953.00 20356.00 -185.00 USD Million [+]
South Korea 5606.00 Nov/14 7380.00 7380.00 -4043.45 USD Million [+]
Spain -2373700.00 Sep/14 -2771962.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3255.00 Oct/14 2489.00 3901.00 -1478.68 CHF million [+]
Turkey -6251.72 Oct/14 -6925.00 24.51 -10453.06 USD Million [+]
United Kingdom -2024.00 Oct/14 -2822.00 2946.00 -5397.00 GBP Million [+]
United States -43400.00 Oct/14 -43600.00 1946.00 -67823.00 USD Million [+]