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.

   
 
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Indonesia Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
69.90 -1962.40 4641.92 -2329.13 1960 - 2014 USD Million Monthly
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.


Indonesia Posts Small Trade Surplus in May


Indonesia trade balance swung to USD 70 million surplus in May from 2 billion USD deficit in April. On yearly basis, exports and imports declined respectively by 8.11 percent and 11.43 percent.

Indonesia exported USD 14.82 billion in May from USD 14.29 billion in April. While sales to China become the main contributor with a 13.8 percent increase compared to the previous month, shipments to India rose 19.38 percent from a month earlier. Exports to the ASEAN countries climbed 5.7 percent and those to the European Union saw steady progress with only rose by 0.6 percent.

Inbound shipments in May fell to USD 14.76 billion compared with 11.9 percent increase in April. While crude oil imports increased sharply 21.43 percent to USD 1.3 billion in May from the previous month, purchasing of gas and oil products fell respectively 14.32 percent and 7.48 percent from a month earlier.

Statistics Indonesia l Rida l rida@tradingeconomics.com
7/1/2014 8:55:20 AM


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-04-01 05:00 AM Indonesia
Balance of Trade
Feb 2014 USD 0.79B USD -0.44B USD 0.06B USD 0.2B
2014-05-02 03:00 AM Indonesia
Balance of Trade
Mar 2014 USD 0.67B USD 0.84B (R) USD 0.5B USD 0.6B
2014-06-02 05:00 AM Indonesia
Balance of Trade
Apr 2014 $ -1.96B $ 0.67B $ 0.22B $ 0.6B
2014-07-01 05:00 AM Indonesia
Balance of Trade
May 2014 $ 0.07B $ -1.96B $ 0.41B $ -0B
2014-08-04 02:00 AM Indonesia
Balance of Trade
Jun 2014 $ 0.07B $ -0.2B


Trade Last Previous Highest Lowest Unit
Balance of Trade 69.90 -1962.40 4641.92 -2329.13 USD Million [+]
Exports 14825.30 14293.90 18647.83 30.00 USD Million [+]
Imports 14755.40 16256.30 17416.99 21.00 USD Million [+]
Current Account -4191.00 -4314.00 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 101.81 104.81 135.30 89.01 Index Points [+]
Foreign Direct Investment 72000.00 71200.00 72000.00 35400.00 Billion IDR [+]
Remittances 1852.00 1835.00 1866.00 1202.00 USD Million [+]
Tourist Arrivals 752363.00 726300.10 860655.00 548821.00 [+]
Gold Reserves 78.07 78.07 96.45 73.09 Tonnes [+]
Crude Oil Production 796.00 804.00 1720.00 785.00 BBL/D/1K [+]





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