Indonésia Balança Comercial

Indonesia’s trade surplus widened to USD 5.49 billion in August 2025, up from USD 2.78 billion in the same month a year earlier, and well above market forecasts of USD 3.99 billion. It was the largest trade surplus since October 2022, as exports increased while imports declined. Exports grew 5.78% yoy, easing from a 9.86% rise in July but still surpassing market forecasts of a 5% increase. This marked the slowest export growth since April, partly due to the impact of new US tariffs, with shipments to the US rising by just 2.96%, down sharply from a 38.8% jump in July. Under an agreement reached in July, Indonesia agreed to a reciprocal tariff rate of 19%. Meanwhile, imports dropped 6.56%, following a 5.86% decline in July. This marked the 2nd consecutive month of contraction and the steepest fall since May 2024, compared to estimates of a 2% drop. Year-to-date, Indonesia recorded a trade surplus of USD 29.14 billion, with exports and imports rising 7.72% and 2.05%, respectively.