Indonésia Balança Comercial

Indonesia's trade surplus increased to USD 4.47 billion in March 2024 from USD 2.83 billion in the same month of 2023. It was the largest trade surplus since February 2023, as exports dropped less than imports. Shipments declined 4.19% from a year earlier to USD 22.43 billion, the 10th straight month of contraction but the softest in the sequence. Meanwhile, imports plunged by 12.76% to USD 17.96 billion, the first decline so far this year and the steepest drop in seven months. In the first quarter of the year, the trade balance registered a surplus of USD 7.31 billion, as exports and imports shrank by 7.25% and 0.10%, respectively.