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

Indonesia recorded a trade surplus of 1330 USD Million in July of 2015. Balance of Trade in Indonesia averaged 765.20 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.

Indonesia Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
1330.00 528.00 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 Friday, September 4, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-15 05:00 AM May $0.95B $0.48B(R) $0.41B $ 0.5B
2015-07-15 04:00 AM Jun $0.48B $1.08B(R) $0.43B $ 0.9B
2015-08-18 05:00 AM Jul $1.33B $0.53B (R) $0.52B $ 0.6B
2015-09-15 05:00 AM Aug $1.33B $ 1.1B
2015-10-15 04:15 AM Sep $ 1B
2015-11-16 04:15 AM Oct $ 1.3B


Indonesia Posts Large Trade Surplus in July


Indonesia recorded a USD1330 million trade surplus in July of 2015, sharply widening from a USD50 million surplus reported a year earlier and beating market consensus, as imports declined more than exports.

In July, exports fell by 19.23 percent year-on-year to USD11.41 billion. Sales of non-oil and gas products fell by 14.11 percent to USD9.99 billion and those of oil and gas dropped by 43.04 percent to USD1.42 billion.

Imports declined by 28.44 percent year-on-year to USD10.08 billion. Purchases of non-oil and gas products fell by 21.46 percent to USD7.79.39 billion and those of oil and gas decreased by 45.02 percent to USD2.30 billion.

Compared to the previous month, exports declined by 15.53 percent. Oil exports fell by 1.26 percent and sales of non-oil and gas products dropped by 17.23 percent. By products, sales decreased for animal or vegetative oils and fats (-18.84 percent to USD1.46 billion); electrical, machinery, sound recording, tv, etc (-16.13 percent to USD624.6 million); pearls, precious and semi precious stone (-56.73 percent to USD194.8 million); vehicles other than railway (-25.02 percent to USD359.8 million) and  footwear (-30.87 percent to USD290.4 million). In contrast, outbond shipments increased for: mineral fuels, mineral oil products (+3.42 percent to USD1.31 billion); ores, slag and ash (+3.88 percent to USD383.4 million); coffee, tea, mate and spices (+10.24 percent to USD201.7 million); pulp, waste of paper (+7.01 percent to USD141.1 million) and aluminium and aluminium articles (+23.68 percent to USD57.2 million).

Sales to all of the country's major trading partners were down. Those to the ASEAN countries fell by 14.60 percent to USD2.11 billion, followed by China (-10.69 percent to USD1.11 billion), the US (-15.82 percent to USD 1.17 billion), Japan (-9.16 percent to USD1.01 billion), India (-21.99 percent to USD833.5 million), the EU countries (-20.73 percent to USD1.11 billion), Australia (-29.72 percent to USD280.2 million), South Korea (-18.30 percent to USD429.5 percent and Taiwan (-16.70 percent to USD236.8 million).

Compared to the previous month, imports dropped by 22.36 percent. Purchases of oil and gas declined by 10.99 percent while those of non-oil and gas increased by 25.18 percent. Imports decreased for all categories: raw materials (-21.41 percent to USD7.68 billion ), capital goods (-22.4 percent to USD1.69 billion) and consumption goods (-31.31 percent to USD706.1 million).

In June 2015, the country posted an upwardly revised USD528 mllion trade surplus.

During January to July 2015, Indonesia registered a USD5.73 billion trade surplus, as compared to a USD1.10 billion gap a year earlier.

Southeast Asia's biggest economy has been running a consistent trade surpluses since December 2014.

Statistics Indonesia l Rida Husna l rida@tradingeconomics.com
8/18/2015 6:14:55 AM


Recent Releases

Indonesia Trade Balance Swings to Surplus in June
Indonesia recorded a USD 477.7 million trade surplus in June of 2015, swinging from a 288 million deficit reported a year earlier and slightly above market consensus, as imports declined more than exports.
Published on 2015-07-15

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.
Published on 2015-06-15

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 Trade Last Previous Highest Lowest Unit
Balance of Trade 1330.00 528.00 4641.92 -2329.13 USD Million [+]
Exports 11408.50 13506.10 18647.83 30.00 USD Million [+]
Imports 10076.50 12978.10 17416.99 21.00 USD Million [+]
Current Account -4477.00 -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 98.01 100.10 135.30 89.01 Index Points [+]
Foreign Direct Investment 92200.00 82100.00 92200.00 35400.00 Billion IDR [+]
Remittances 2384.00 2329.00 2384.00 1202.00 USD Million [+]
Tourist Arrivals 814205.20 815148.00 915334.00 548821.00 [+]
Gold Reserves 78.07 78.07 96.45 73.09 Tonnes [+]
Crude Oil Production 823.00 805.00 1720.00 772.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2460.00 Jul/15 -3050.00 2229.00 -3912.00 AUD Million [+]
Brazil 2689.00 Aug/15 2379.00 5659.37 -4058.14 USD Million [+]
Canada -593.00 Jul/15 -811.00 8524.80 -3853.00 CAD Million [+]
China 430.25 Jul/15 465.36 606.19 -319.71 USD Hundred Million [+]
Euro Area 26368.70 Jun/15 18800.00 26368.70 -16748.10 EUR Million [+]
France -2658.00 Jun/15 -3999.00 2674.00 -7086.00 EUR Million [+]
Germany 24038.00 Jun/15 19522.00 24038.00 -535.91 EUR Million [+]
India -12812.46 Jul/15 -10830.00 258.90 -20210.90 USD Million [+]
Indonesia 1330.00 Jul/15 528.00 4641.92 -2329.13 USD Million [+]
Italy 2808.95 Jun/15 4140.00 6923.00 -6389.30 EUR Million [+]
Japan -268.06 Jul/15 -69.00 1608.67 -2795.04 JPY Billion [+]
Mexico -2267.00 Jul/15 -749.00 1710.25 -3292.30 USD Million [+]
Netherlands 4760.00 Jun/15 3280.00 6211.40 -907.60 EUR Million [+]
Russia 11228.00 Jul/15 13775.00 20356.00 -185.00 USD Million [+]
South Korea 4350.00 Aug/15 7723.00 9980.00 -4043.45 USD Million [+]
Spain -2046007.00 Jun/15 -1657308.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3741.00 Jul/15 3509.00 3894.91 -1478.68 CHF million [+]
Turkey -7027.59 Jul/15 -6205.89 24.51 -10453.06 USD Million [+]
United Kingdom -1601.00 Jun/15 -885.00 2946.00 -5397.00 GBP Million [+]
United States -41860.00 Jul/15 -45210.00 1946.00 -67823.00 USD Million [+]