Indonesia Balance of Trade

Last Release

Mar 31, 2025

Actual

4,329.1

Units In

USD Million

3,095.2

Frequency

Monthly

Next Release

May 15, 2025

Time to Release

22 Days 0 Hours

Highest	Lowest	Average	Date Range	Source
7,564.9 Apr 2022	-2,329.13 Jul 2013	913.09 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 declined to USD 4.33 billion in March 2025, down from USD 4.58 billion a year earlier, but still exceeding market expectations of a USD 2.64 billion surplus. Exports unexpectedly grew by 3.16% year-on-year, marking the twelfth consecutive month of expansion, though it was the softest pace since last June, as non-oil and gas export growth eased sharply to 2.56% from a 15.40% surge in February. The export figure easily beat expectations for a 3.4% decline, despite slowing sharply from a marginally revised 13.86% increase in the previous month. Imports rose 5.34% year-on-year, below forecasts of a 6.6% rise, following a 2.3% gain in February. Last year, Indonesia posted a USD 31.04 billion surplus, narrowing from USD 36.89 billion in 2023.