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Indonesia Balance of Trade
Last Release
Apr 30, 2025
Actual
150
Units In
USD Million
Previous
4,329.1
Frequency
Monthly
Next Release
Jun 16, 2025
Time to Release
10 Days 18 Hours
Highest | Lowest | Average | Date Range | Source |
7,564.9 Apr 2022 | -2,329.13 Jul 2013 | 912.11 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.
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Latest Updates
Indonesia's trade surplus narrowed sharply to USD 0.15 billion in April 2025, down from USD 2.72 billion in the same month a year earlier and well below expectations of a USD 3.04 billion surplus. It was the smallest trade surplus since April 2020, when the country last recorded a trade deficit, driven mainly by a surge in imports. Exports rose by 5.76% yoy, in line with forecasts and accelerating from a 3.16% gain in March. The export growth was mainly boosted by a jump in shipments to ASEAN countries (25.81%) and the US, surging 18.43%, as factories rushed to ship goods during a 90-day pause on new US tariffs announced by the Trump administration. Meanwhile, imports jumped 21.84% yoy to a four-month high of USD 20.59 billion, significantly above estimates of a 7.75% rise, marking the fastest pace since September 2022, after growing 5.34% in March, amid easing global trade tensions. For the first four months of 2025, the trade balance posted a USD 11.07 billion surplus.
Indonesia Balance of Trade History
Last 12 readings