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

N/A

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

U.S. President Donald Trump announced on Tuesday a trade agreement with Indonesia that includes major purchase commitments, helping the country avoid steeper tariffs. In a post on Truth Social, Trump said Indonesian goods would now face a 19% tariff, down from the 32% he had previously threatened. “As part of the Agreement, Indonesia has committed to purchasing $15 Billion Dollars in US Energy, $4.5 Billion Dollars in American Agricultural Products, and 50 Boeing Jets, many of them 777's,” he wrote. The timing for implementing the reduced tariffs and fulfilling the purchase pledges remains unclear. Trump said the deal followed talks with Indonesian President Prabowo Subianto, noting that the U.S. would secure unrestricted access to Indonesian markets. He also warned that rerouted goods intended to bypass tariffs would see harsher penalties.