Indonesia Balance of Trade  1960-2016 | Data | Chart | Calendar | Forecast

Indonesia recorded a trade surplus of 293.60 USD Million in August of 2016. Balance of Trade in Indonesia averaged 759.88 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. Balance of Trade in Indonesia is reported by the Statistics Indonesia.

Indonesia Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
293.60 513.60 4641.92 -2329.13 1960 - 2016 USD Million Monthly
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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-15 02:15 AM Jun $0.9B $0.37B $0.3B $ 0.5B
2016-08-15 04:00 AM Jul $0.59B $0.89B $0.8B $1.3B
2016-09-15 04:00 AM Aug $0.29B $0.51B $0.45B $ 0.6B
2016-10-15 04:00 AM Sep $0.29B $ 0.2B
2016-11-16 04:00 AM Oct $ 0.4B
2016-12-15 04:00 AM Nov $ 0.4B

Indonesia Trade Surplus Smallest in 7 Months


Indonesia recorded a USD 0.29 billion trade surplus in August of 2016, down from USD 0.33 billion surplus reported a year earlier while market estimated a surplus of USD 0.45 billion. It was the smallest trade surplus since January as exports fell more than imports.

Year-on-year, sales dropped slightly by 0.74 percent to USD 126.3 billion, following a 17.02 percent decline in July and market expecations of a 8.8 percent decrease. It was the slowest contraction in 23-month streak of falling as sales of non-oil and gas products increased by 2.76 percent to USD 11.51 billion while those of oil and gas dropped by 26.32 percent to USD 1.13 billion.

Imports also decreased marginally by 0.49  percent to USD 123.4 billion, compared to a 11.56 percent fall in a month earlier and market consensus of a 10.55 percent drop. It was also the 23rd consecutive month of decline. Purchases of non-oil and gas products fell 4.43 percent to USD 7.44 billion and those of oil and gas decreased by 35.77 percent to USD 1.47 billion.

Compared to the previous month, exports were up  by 32.54 percent. Oil exports rose  12.95 percent and sales of non-oil and gas products went up 34.84 percent. By categories, outbound shipments rose for: fats/vegetable animal oils (+18.17 percent); pearls, precious and semi-precious stones (+52.58 percent), vehicles and their parts (+50.03 percent), machine/mechanical equipment (+54.48 percent) and ores, crust, metal ash (+151.94 percent). In contrast, sales declined for: iron and steel articles (-54.79 percent), residual food industry (-17.66 percent), fertiliser (-63.67 percent), beverages (-2.10 percent) and milling output (-2.84 percent). Sales increased to most of the country's main trading partners: the ASEAN countries (+30.54 percent to USD 2.52 billion), the EU countries (+28.15 percent to USD 1.23 billion), China (+47.96 percent to USD 1.36 billion), Japan (+42.66 percent to USD 1.17 billion), the US (+36.81 percent to USD 1.36 billion), India (+36.34 percent to USD 890.2 million), South Korea (+37.01 percent to USD 498.6 million) and Taiwan (+12.03 percent to USD 194.9 million). In contrast, exports were lower only to Australia (-21.96 percent). 

Compared to a month earlier, imports went up 36.84 percent. Purchases of oil and gas increased by 16.55 percent and those of non-oil and gas declined by 40.90 percent. Imports rose for all categories: consumption goods(+60.43 percent to USD 1.17 billion), raw materials (+33.37 percent to USD 9.10 billion) and capital goods (+41.23 percent to USD 2.07 billion).

In July 2016, trade surplus was marginally revised to USD 0.51 billion.

Statistics Indonesia l Rida Husna | rida@tradingeconomics.com
9/15/2016 6:57:28 AM

Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade 293.60 513.60 4641.92 -2329.13 USD Million [+]
Exports 12632.30 9530.80 18647.83 30.00 USD Million [+]
Imports 12338.70 9017.20 17416.99 21.00 USD Million [+]
Current Account -4679.00 -4762.00 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 106.57 105.22 117.70 77.43 Index Points [+]
Foreign Direct Investment 99400.00 96100.00 99400.00 35400.00 IDR Billion [+]
Remittances 2268.00 2301.00 2390.00 1202.00 USD Million [+]
Tourist Arrivals 978138.00 821506.00 978138.00 548821.00 [+]
Gold Reserves 78.07 78.07 96.45 73.09 Tonnes [+]
Crude Oil Production 801.00 800.00 1720.00 772.00 BBL/D/1K [+]
Terrorism Index 4.76 4.78 6.55 3.92 [+]
Weapons Sales 4.00 8.00 49.00 1.00 USD Million [+]




Last
Afghanistan -7159.00 Dec/15
Albania -29464.00 Aug/16
Algeria -1308.00 Dec/15
Angola 3002.24 Dec/15
Argentina 705.00 Aug/16
Armenia -134.20 Aug/16
Aruba -423.80 Jun/16
Australia -2410.00 Jul/16
Austria 130.00 Jun/16
Azerbaijan 621706.00 Mar/16
Bahamas -459.80 Mar/16
Bahrain 1513.00 Dec/15
Bangladesh -62.34 Jun/16
Barbados -254822.00 Dec/15
Belarus 32.40 Jul/16
Belgium 2544.10 Jul/16
Belize -132.80 Jul/16
Benin -191.61 Jun/16
Bhutan -26021.60 Dec/15
Bolivia -136.20 Apr/16
Bosnia and Herzegovina -526211.72 Jul/16
Botswana -175.90 Jul/16
Brazil 4140.00 Aug/16
Brunei 417.80 Jul/16
Bulgaria -29.90 Jul/16
Burkina Faso -49.00 Sep/14
Burundi -89358.20 Jun/16
Cambodia -1748.30 May/16
Cameroon -1054.40 Dec/13
Canada -2487.90 Jul/16
Cape Verde -4499.80 Jul/16
Cayman Islands -746.00 Dec/15
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile -274.00 Aug/16
China 520.49 Aug/16
Colombia -1.16 Jul/16
Comoros -73294.00 Dec/14
Congo 1001.80 Dec/14
Costa Rica -560.60 Aug/16
Croatia -4059.88 Jul/16
Cuba -9578.00 Dec/15
Cyprus -304347.00 Jul/16
Czech Republic 24445.00 Jul/16
Denmark 8796.60 Jul/16
Djibouti -168260.00 Dec/15
Dominican Republic -631.90 Mar/16
East Timor -39175.91 Jun/16
Ecuador 204425.00 Jul/16
Egypt -3518.00 Jul/16
El Salvador -339.98 Jul/16
Equatorial Guinea 2723.70 Dec/10
Eritrea -833.00 Dec/15
Estonia -164.77 Jul/16
Ethiopia -3601.70 Mar/16
Euro Area 25276.10 Jul/16
European Union 3763.70 Jul/16
Fiji -112192.00 Apr/16
Finland -245.00 Jul/16
France -4505.00 Jul/16
Gabon 3711.95 Dec/13
Gambia -2269.53 Dec/14
Georgia -493.40 Aug/16
Germany 19500.00 Jul/16
Ghana -712.40 Jun/16
Greece -1344.10 Jul/16
Guatemala -452.00 Jul/16
Guinea -308.73 Jun/16
Guinea Bissau -23.80 Dec/14
Guyana -13.70 Jun/16
Haiti -229.96 Jun/16
Honduras -403.60 Jun/16
Hong Kong -32096.00 Aug/16
Hungary 208000.00 Jul/16
Iceland -12700.00 Aug/16
India -7674.14 Aug/16
Indonesia 293.60 Aug/16
Iran 4258.00 Dec/15
Iraq 4397.00 Dec/15
Ireland 3526700.00 Jul/16
Israel -1899.30 Aug/16
Italy 7794.95 Jul/16
Ivory Coast 890.60 Dec/14
Jamaica -680800.00 Mar/16
Japan -18.71 Aug/16
Jordan -658173.00 Jun/16
Kazakhstan 1289.60 Jul/16
Kenya -79107.00 Jun/16
Kosovo -210544.00 Jul/16
Kuwait 402.00 Mar/16
Kyrgyzstan -291.40 Jun/16
Laos -594.89 Dec/15
Latvia -182.90 Jul/16
Lebanon -1258.95 Jun/16
Lesotho -3543.23 Mar/16
Liberia -99.90 May/16
Libya -17675.60 Dec/14
Liechtenstein 326579.00 Jun/16
Lithuania -178.60 Jul/16
Luxembourg -0.42 Jul/16
Macau -5944415.49 Aug/16
Macedonia -131493.00 Jul/16
Madagascar -306742.00 Jun/16
Malawi -31524.80 Sep/15
Malaysia 1907.37 Jul/16
Maldives -161.70 Jun/16
Mali -100.60 Mar/15
Malta -149432.00 Jul/16
Mauritania -79.64 Mar/16
Mauritius -8160.00 Jul/16
Mexico -1913.24 Aug/16
Moldova -148.40 Jul/16
Monaco -104.50 Jun/16
Mongolia 110.00 Aug/16
Montenegro -168082.00 Aug/16
Morocco -17306.00 Jul/16
Mozambique -1754.40 Dec/15
Myanmar -639.40 Dec/15
Namibia -6141.52 Mar/16
Nepal -77662.70 Mar/16
Netherlands 4821.00 Jul/16
New Caledonia -9890.65 Jun/16
New Zealand -1265.00 Aug/16
Nicaragua -223.90 Jun/16
Niger -286709.90 Mar/16
Nigeria -29398.00 Jun/16
North Korea -476.67 Dec/15
Norway 6763.00 Aug/16
Oman -45.20 Dec/15
Pakistan -279639.00 Aug/16
Palestine -310.20 Jul/16
Panama -918416.00 Jul/16
Papua New Guinea 3957.00 Dec/15
Paraguay -154825.00 Aug/17
Peru 484.00 Jul/16
Philippines -2053160.00 Jul/16
Poland -313.00 Jul/16
Portugal -557.44 Jul/16
Puerto Rico 2982.40 Jun/16
Qatar 6694.00 Jul/16
Republic of the Congo 4092.35 Dec/10
Romania -642.90 Jul/16
Russia 6490.00 Jul/16
Rwanda -142.60 May/16
Sao Tome and Principe -27.28 Jun/16
Saudi Arabia 16295.00 Mar/16
Senegal -159.34 Jul/16
Serbia -300.30 Jul/16
Seychelles -40.31 Jul/16
Sierra Leone -52.89 Jun/16
Singapore 5592.00 Aug/16
Slovakia 60.00 Jul/16
Slovenia 99.78 Jul/16
Somalia -1473.48 Dec/15
South Africa 5223.30 Jul/16
South Korea 5300.00 Aug/16
South Sudan -104.70 Dec/15
Spain -557800.00 Jul/16
Sri Lanka -542.00 Jul/16
Sudan -424613.00 Jun/16
Suriname 32.40 Jun/16
Swaziland 1217.38 Dec/15
Sweden -10300.00 Aug/16
Switzerland 3024.63 Aug/16
Syria 9394.50 Dec/10
Taiwan 3984.83 Aug/16
Tajikistan -142.90 Jul/16
Tanzania -207.80 Jun/16
Thailand 2130.00 Aug/16
Togo -68.29 Dec/14
Trinidad and Tobago 258.50 Dec/15
Tunisia -1397.20 Aug/16
Turkey -4787.97 Jul/16
Turkmenistan 2181.97 Dec/15
Uganda -175.50 Jul/16
Ukraine -264.80 Aug/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -4502.00 Jul/16
United States -39474.00 Jul/16
Uruguay 207156.00 Jul/16
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam -100.00 Sep/16
Yemen -2914.30 Dec/13
Zambia -473.90 Jul/16
Zimbabwe -322.86 Mar/16