Indonesia Balance of Trade 1960-2018 | Data | Chart | Calendar | Forecast

Indonesia posted a trade deficit of USD 0.12 billion in February of 2018, swinging from a USD 1.26 billion surplus a year earlier and slightly below market estimates of a USD 0.13 billion deficit. It was the third straight month of trade gap, mainly due to a surge in imports. In February, exports rose 11.76 percent from a year earlier to USD 14.10 billion, following an upwardly revised 8.58 percent rise in a month earlier while markets estimated a 12.45 percent gain. Imports jumped 25.18 percent to USD 14.21 billion, following an upwardly revised 27.99 percent rise in the prior month and below estimates of a 25.7 percent increase. Considering January to February 2018, the trade deficit was 0.87 USD billion, with exports rising by 10.13 percent compared to the same period a year earlier to 28.65 USD billion and imports increasing by 26.58 percent to 29.52 USD billion. Balance of Trade in Indonesia averaged 763.06 USD Million from 1960 until 2018, 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 Balance Swings to Deficit in February


Indonesia posted a trade deficit of USD 0.12 billion in February of 2018, swinging from a USD 1.26 billion surplus a year earlier and slightly below market estimates of a USD 0.13 billion deficit. It was the third straight month of trade gap, mainly due to a surge in imports.

In February, exports increased 11.76 percent from a year earlier to 14.10 USD billion, below market consensus of a 12.45 percent rise and after an upwardly revised 8.58 percent growth in the prior month. Sales of non-oil and gas products went up by 11.30 percent to 12.71 USD billion, while those of oil and gas grew by 16.09 percent to 1.39 USD billion.

Compared to the previous month, exports went down 3.14 percent, as non-oil and gas products decreased by 3.96 percent while sales oil exports increased by 5.08 percent. By categories, outbound shipments fell for: mineral fuel (-3.93 percent); footwear (-18.19 percent); apparel not knitted (-12.91 percent); electrical machinery/aparatus (-12.04 percent), and iron and steel (-19.17 percent). In contrast sales increased for: tin (404.94 percent); ship (91.38 percent); ore, crust, and metal ash (9.54 percent); nickel (48.14 percent), and paper (3.03 percent).

Sales went down to Australia (-16.91 percent); Malaysia (-2.30 percent); Thailand (-16.44 percent); Germany (-17.49 percent), Japan (-8.62 percent); South Korea (-2.02 percent); Netherlands (-1.02 percent); India (-15.35 percent), and Taiwan (-0.68 percent). In contrast, exports increased to China (7.49 percent); the US (116.52 percent); Singapore (7.10 percent), and Italy (24.09 percent).

Imports jumped 25.18 percent to 14.21 USD billion, following an upwardly revised 27.99 percent rise in the prior month and below estimates of a 25.7 percent increase. Purchases of non-oil and gas surged 34.58 percent to 11.95 billion and those of oil while gas decreased by 8.59 percent to 2.27 USD billion.

Compared to the prior month, imports declined by 7.16 percent. While purchases of non-oil and gas decreased 8.41 percent, those of oil and gas edged down by 0.06 percent. Imports dropped for both raw material (-7.74 percent to 10.58 USD billion) and capital goods (-9.19 percent to 2.25 USD billion). In contrast, imports went up for consumption goods (1.36 percent to 1.38 USD billion). Imports fell from: the US (-17.24 percent); Malaysia (-12.99 percent); Germany (-20.58 percent); South Korea (-6.67 percent); China (-6.40 percent); India (-10.02 percent); Taiwan (-15.36 percent); Singapore (-15.50 percent); Netherlands (-68.27 percent), and Italy (-17.82 percent). In contrast, imports increased from and Thailand (21.35 percent); Australia (9.53 percent), and Japan (0.03 percent).

Considering January to February 2018, the trade deficit was 0.87 USD billion, with exports rising by 10.13 percent compared to the same period a year earlier to 28.65 USD billion and imports increasing by 26.58 percent to 29.52 USD billion.




Statistics Indonesia l Chusnul Ch Manan |
3/15/2018 8:51:00 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-01-15 04:00 AM Balance of Trade $-0.27B $0.22B $0.64B $ 0.91B
2018-02-15 04:00 AM Balance of Trade $-0.68B $-0.22B $0.19B $ 0.7B
2018-03-15 04:00 AM Balance of Trade $-0.12B $-0.76B $-0.13B $ -0.23B
2018-04-17 04:00 AM Balance of Trade $-0.12B $ 0.58B
2018-05-15 04:00 AM Balance of Trade $ 1.1B
2018-06-15 04:00 AM Balance of Trade $ 1.4B


Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade -116.00 -755.60 4641.92 -2329.13 USD Million [+]
Exports 14096.80 14553.40 18647.83 30.00 USD Million [+]
Imports 14212.80 15309.40 17416.99 21.00 USD Million [+]
Current Account -5760.70 -4557.30 3795.00 -10125.60 USD Million [+]
Current Account to GDP -1.70 -1.80 4.80 -6.80 percent [+]
External Debt 352246.73 316968.36 352246.73 132629.00 USD Million [+]
Terms of Trade 108.13 107.39 117.70 77.43 Index Points [+]
Foreign Direct Investment 112.00 111.70 112.00 35.40 IDR Trillion [+]
Remittances 2223.00 2199.00 2390.00 1202.00 USD Million [+]
Tourist Arrivals 1039639.00 902602.00 1178407.00 548821.00 [+]
Gold Reserves 80.56 80.56 96.45 73.09 Tonnes [+]
Crude Oil Production 790.00 790.00 1720.00 764.00 BBL/D/1K [+]
Terrorism Index 4.55 4.43 6.55 3.92 [+]
Weapons Sales 102.00 94.00 102.00 1.00 USD Million [+]

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 March of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-116.00 -755.60 4641.92 -2329.13 1960 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Australia 1055.00 Jan/18
Brazil 4907.08 Feb/18
Canada -1910.00 Jan/18
China 337.40 Feb/18
Euro Area 3266.70 Jan/18
France -5560.00 Jan/18
Germany 17400.00 Jan/18
India -11979.21 Feb/18
Indonesia -116.00 Feb/18
Italy -87.35 Jan/18
Japan 3.41 Feb/18
Mexico 1062.00 Feb/18
Netherlands 3428.00 Jan/18
Russia 16991.00 Jan/18
South Korea 3300.00 Feb/18
Spain -3935000.00 Jan/18
Switzerland 3215.34 Feb/18
Turkey -9067.11 Jan/18
United Kingdom -3074.00 Jan/18
United States -56601.00 Jan/18


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