Indonesia Balance of Trade  1960-2017 | Data | Chart | Calendar | Forecast

Indonesia recorded a trade surplus 1.72 billion in August of 2017, compared to a 0.37 USD billion of surplus a year earlier and above market estimates of a 0.52 USD billion surplus. It was the largest surplus in trade balance since November 2011, as exports jumped 19.24 percent from a year earlier to 15.21 USD billion while imports went up 8.89 percent to 13.49 USD billion. Considering January to August 2017, the trade balance was recorded 9.11 USD billion surplus with exports rising by 17.58 percent compared to the same period a year earlier to 108. 79 USD billion and imports increasing by 14.06 percent to 99.68 USD billion. Balance of Trade in Indonesia averaged 766.80 USD Million from 1960 until 2017, 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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Indonesia Trade Surplus Largest in Near 6 Years


Indonesia recorded a trade surplus 1.72 billion in August of 2017, compared to a 0.37 USD billion of surplus a year earlier and above market estimates of a 0.52 USD billion surplus. It was the largest surplus in trade balance since November 2011, as exports jumped 19.24 percent from a year earlier to 15.21 USD billion while imports went up 8.89 percent to 13.49 USD billion.

In August, exports jumped 19.24 percent from a year earlier to 15.21 USD billion, as sales of non-oil and gas products surged 19.94 percent while those of oil and gas rose 12.15 percent.
 
Compared to the previous month, exports went up 11.73 percent, as non-oil and gas products increased by 11.93 percent while sales oil exports rose by 9.61 percent.
 
By categories, outbound shipments went up for: animal and vegetable fats and oils (22.31 percent); mineral fuels (3.81 percent); electrical machinery/aparatus (12.73 percent); knit goods (23.42 percent), and jewelry/gems (107.47 percent). In contrast sales decreased for: various chemicals products (-8.18 percent); paper/cardboard (-6.15 percent); copper (-2.46); inorganic chemiclas (-9.04 percent), and ships (-46.28 percent). Sales increased to all major destination countries: Singapore (32.16 percent); Malaysia (4.23 percent); Germany (1.78 percent); Italy (8.22 percent); China (21.59 percent); the US (15.92 percent); India (13.68 percent); Australia (24.31 percent), and Taiwan (12.01 percent), and South Korea (28.70 percent). In contrast exports fell to Thailand (-4.38 percent); the Netherlands (-0.79 percent), and Japan (-5.63 percent).  
 
Imports increased 8.89 percent from a year earlier to 13.49 USD billion in August, as purchases of non-oil and gas rose 8.85 percent to 11.53 billion and those of oil and gas went up 9.11 percent to 1.96 USD billion.
 
Compared to the prior month, imports fell by 2.88 percent. While purchases of non-oil and gas dropped 4.80 percent, those of oil and gas went up by 10.16 percent. Imports dropped the most for capital goods (-5.95 percent to 2.22 USD billion), followed by raw material (-3.47 percent to 10.07 USD billion),  while consumption goods rose (9.39 percent to 1.17 USD billion). Imports fell from: Thailand (-12.12 percent); Japan (-10.17 percent); the US (-8.87 percent); South Korea (-14 percent), and India (-5.30 percent). In contrast, imports increased from Singapore (4.20 percent); Malaysia (4.47 percent); Germany (10.10 percent); the Netherlands (21.97 percent); Italy (23.21 percent); China (0.53 percent); Australia (13.85 percent), and Taiwan (7.50percent).
 
Considering January to August 2017, the trade balance was recorded 9.11 USD billion surplus with exports rising by 17.58 percent compared to the same period a year earlier to 108.79 USD billion and imports increasing by 14.06 percent to 99.68 USD billion.
 
 

Statistics of Indonesia l Chusnul Ch Manan| chusnul@tradingeconomics.com
9/15/2017 4:09:58 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-07-17 04:00 AM Balance of Trade $1.63B $0.58B $0.82B $0.9B
2017-08-15 04:00 AM Balance of Trade $-0.27B $1.67B $1.1B $0.7B
2017-09-15 04:00 AM Balance of Trade $1.72B $-0.27B $0.52B $0.2B
2017-10-17 04:00 AM Balance of Trade $1.72B $1.4B
2017-11-15 04:00 AM Balance of Trade $0.5B
2017-12-15 04:00 AM Balance of Trade -$0.1B


Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade 1722.60 -274.40 4641.92 -2329.13 USD Million [+]
Exports 15208.40 13611.20 18647.83 30.00 USD Million [+]
Imports 13485.80 13885.60 17416.99 21.00 USD Million [+]
Current Account -4962.50 -2363.10 3795.00 -10125.60 USD Million [+]
Current Account to GDP -1.80 -2.00 4.80 -6.80 percent [+]
External Debt 316968.36 310670.25 316968.36 132629.00 USD Million [+]
Terms of Trade 105.20 106.73 117.70 77.43 Index Points [+]
Foreign Direct Investment 109.90 97.00 109.90 35.40 IDR Trillion [+]
Remittances 2161.00 2165.00 2390.00 1202.00 USD Million [+]
Tourist Arrivals 1134846.00 910931.00 1134846.00 548821.00 [+]
Gold Reserves 79.31 78.07 96.45 73.09 Tonnes [+]
Crude Oil Production 825.00 828.00 1720.00 763.00 BBL/D/1K [+]
Weapons Sales 94.00 4.00 94.00 1.00 USD Million [+]
Terrorism Index 4.43 4.76 6.55 3.92 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Indonesia Balance of Trade

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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1722.60 -274.40 4641.92 -2329.13 1960 - 2017 USD Million Monthly




balance of trade by Country

Last
Australia 460.00 Jul/17
Brazil 5599.00 Aug/17
Canada -3040.40 Jul/17
China 419.92 Aug/17
Euro Area 23156.00 Jul/17
France -5968.00 Jul/17
Germany 19500.00 Jul/17
India -11643.96 Aug/17
Indonesia 1722.60 Aug/17
Italy 6560.39 Jul/17
Japan 113.64 Aug/17
Mexico -1522.60 Jul/17
Netherlands 4711.00 Jul/17
Russia 3970.00 Jul/17
South Korea 7013.00 Aug/17
Spain -2099000.00 Jul/17
Switzerland 2173.00 Aug/17
Turkey -8842.94 Jul/17
United Kingdom -2872.00 Jul/17
United States -43689.00 Jul/17