Indonesia's trade surplus widened slightly to USD 1.32 billion in June of 2021 from USD 1.25 billion in the same month of the previous year and compared with market consensus of USD 2.23 billion. This was the fourteenth straight month of surplus, as exports jumped 54.46 percent over a year earlier to USD 18.55 billion, boosted by both non-oil products (51.35 percent) and oil and gas products (117.15 percent). Imports surged 60.12 percent to USD 17.23 billion, the fifth straight month of increase, as purchases of non-oil and gas surged by 48.08 percent while those of oil and gas soared 239.38 percent. Considering the first half of the year, the trade goods a recorded surplus USD 11.86 billion, as exports rose by 34.78 percent while imports advanced at a softer 28.36 percent. source: Statistics Indonesia
Balance of Trade in Indonesia averaged 751.60 USD Million from 1960 until 2021, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Balance of Trade in Indonesia is expected to be 2600.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Indonesia to stand at 5000.00 in 12 months time. In the long-term, the Indonesia Balance of Trade is projected to trend around 2700.00 USD Million in 2022 and 3700.00 USD Million in 2023, according to our econometric models.