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

Indonesia posted a trade surplus of 1.21 USD billion in October of 2016, compared to a 1.01 billion surplus a year earlier and above market estimates of 1.03 billion, as exports grew more than imports. Year-on-year, overseas sales rose 4.6 percent to 12.7 USD billion, following a 0.6 percent fall in September while market estimated a 4.3 percent rise. Imports rose 3.3 percent to USD 11.30 billion, compared to a 2.26 percent fall in the prior month while market estimated a 4.9 percent increase. In September, trade surplus was upwardly revised to 1.27 USD billion. From January to October 2016, trade surplus was recorded at 6.93 USD billion, lower than a 8.23 USD billion surplus in the same period a year earlier. Balance of Trade in Indonesia averaged 761.38 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.

Indonesia Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-15 04:00 AM Aug $0.36B $0.51B $0.45B $ 0.6B
2016-10-17 04:00 AM Sep $1.21B $0.36B $0.45B $ 0.2B
2016-11-15 04:00 AM Oct $1.21B $1.27B $1.03B $ 0.8B
2016-12-15 04:00 AM Nov $1.21B $0.75B
2017-01-15 04:00 AM Dec
2017-02-15 04:00 AM Jan




Indonesia Trade Surplus Beats Expectations in October


Indonesia posted a trade surplus of 1.21 billion USD in October of 2016, compared to a 1.01 billion USD surplus a year earlier and above market estimates of USD 1.03 billion, as exports grew more than imports. Overseas sales rose by 4.6 percent YoY to 12.7 billion USD in October, following a 0.1 percent fall in September and beat market estimate of a 4.3 percent rise. While imports rose 3.3 percent to USD 11.5 billion in October, below market estimate of a 4.9 percent increase. Exports fell 0.1 percent to USD 12.6 billion while imports fell 2.26 percent to USD 11.3 billion in the previous month. Trade surplus was upwardly revised to to 1.27 billion USD in September. From January to October 2016, trade surplus was recorded at 6.93 USD billion, lower than that 8.23 USD billion surplus in the same period a year earlier.

Year-on-year, overseas sales rose 4.6 percent to USD 12.7 billion, following a 0.6 percent fall in September while market estimated a 4.3 percent rise.

Imports went up 3.27 percent in October from a year earlier to USD 11.47 billion, compared to a 2.26 percent fall in September and beating consensus of a 4.90 percent increase. It was the first rise in 25 months and the fastest since August 2014, as purchases of non-oil and gas rose 6.33 percent while those of oil and gas declined by 13.13 percent.

Compared to the previous month, exports rose by 0.88 percent. Oil exports decreased by 2.85 percent and sales of non-oil and gas products went up 1.22 percent. Sales to most of the country's trading partners rose : China (+24.69 percent), Japan (+3.52 percent), the ASEAN countries (+0.72 percent). In contrast, sales declined to the EU countries (-0.19 percent), South Korea (-9.50 percent), the US (-4.66 percent), India (-0.69 percent), and Taiwan (-16.99 percent).

Compared to a month earlier, imports increased 1.55 percent, led by machinery and electrical equipment (+6.25 percent) and iron and steel (+8.43 percent).

In September, trade surplus was upwardly revised to USD 1.27 billion.

From January to October 2016, trade surplus was recorded at USD 6.93 billion, lower than a USD 8.23 billion surplus in the same period a year earlier.

Statistics OfficelAloysius Unditu | aloy@tradingeconomics.com
11/15/2016 5:26:47 AM



Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade 1206.80 1271.00 4641.92 -2329.13 USD Million [+]
Exports 12679.00 12570.10 18647.83 30.00 USD Million [+]
Imports 11472.20 11297.00 17416.99 21.00 USD Million [+]
Current Account -4493.00 -4995.00 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 107.55 105.64 117.70 77.43 Index Points [+]
Foreign Direct Investment 99700.00 99400.00 99700.00 35400.00 IDR Billion [+]
Remittances 2192.00 2268.00 2390.00 1202.00 USD Million [+]
Tourist Arrivals 913589.00 922608.00 987819.00 548821.00 [+]
Gold Reserves 78.07 78.07 96.45 73.09 Tonnes [+]
Crude Oil Production 847.00 837.00 1720.00 764.00 BBL/D/1K [+]
Terrorism Index 4.43 4.76 6.55 3.92 [+]
Weapons Sales 4.00 8.00 49.00 1.00 USD Million [+]



Indonesia Balance of Trade Notes

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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
1206.80 1271.00 4641.92 -2329.13 1960 - 2016 USD Million Monthly



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