Indonesia Balance Of TradeIndonesia Balance Of TradeIndonesia Balance Of Trade

Indonesia Balance Of Trade

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Key data points

Last release
Next release
Time to release
Forecast
Observation period
Apr 2024
Highest
‪7.56 B‬USDApr 30, 2022
Lowest
‪−2.33 B‬USDApr 30, 2019

About Indonesia Balance Of Trade

Category
Trade
Frequency
Monthly
Units
USD
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.