Indonesia Balance of Trade
Indonesia recorded a trade surplus of 69.90 USD Million in May of 2014. Balance of Trade in Indonesia averaged 773.36 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.
||1960 - 2014
Since the 1970’s Indonesia has been recording trade surpluses due to exports growth. However, in 2012, the country posted trade deficit, as exports fell due to a slowdown in the global economy and surge in imports. Indonesia major exports are: oil and gas, electrical equipment, machinery and oils. The country imports mainly oil, electrical equipment, iron and steel. Main trading partners are: China (14 percent of total exports and 19 percent of total imports), Japan (12 percent of exports and 15 percent of imports) and the United States (9.5 percent of exports and 7.5 percent of imports). Others include: Singapore, Malaysia and South Korea. This page provides - Indonesia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.