Indonesia Balance of Trade

Last Release

May 31, 2025

Actual

4,301.5

Units In

USD Million

150

Frequency

Monthly

Next Release

Jul 15, 2025

Time to Release

12 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
7,564.9 Apr 2022	-2,329.13 Jul 2013	916.43 USD Million	1960-2025	Statistics Indonesia

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. .

Latest Updates

Indonesia’s trade surplus widened sharply to USD 4.30 billion in May 2025, up from USD 2.92 billion in the same month a year earlier, and well above market expectations of a USD 2.40 billion surplus. Exports rose 9.68% year-on-year to a 31-month high of USD 24.61 billion, far exceeding forecasts of a 1% increase and accelerating from a 5.76% gain in April. The upturn was driven by factories rushing to ship goods during a 90-day pause on new U.S. tariffs announced by the Trump administration, with shipments to the US surging 24.76%. Meanwhile, imports unexpectedly grew 4.14% year-on-year to USD 20.31 billion, beating expectations of a 0.1% decline. Although still positive, it marked the softest pace since February, following a 21.84% surge in April, amid easing global trade tensions. For the first five months of 2025, Indonesia registered a trade surplus of USD 15.38 billion, with exports and imports rising 6.98% and 5.45%, respectively.