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The Central Statistics Agency (BPS) reported a US$932.9 million trade surplus for Indonesia in January 2022.
This surplus decreased by 52.5% compared to the same period the previous year, where Indonesia's trade surplus reached US$1.96 billion in January 2021.
Indonesia's January 2022 trade surplus also decreased by 7.41% compared to December 2021, which amounted to US$1 billion.
Exports and Imports Decline
Month-on-month, the decrease in Indonesia's trade balance in January 2022 was due to a decline in both export and import values.
Indonesia's export value was recorded at US$19.2 billion, down 14.29% from the previous month. Meanwhile, Indonesia's import value was recorded at US$18.2 billion, down 14.62% from the previous month.
Year-on-year, however, import performance increased more than exports. BPS recorded a 36.77% increase in Indonesia's import value compared to January 2021. Meanwhile, exports increased by 25.31% year-on-year.
(Also Read: Indonesia Experiences Trade Deficit with 10 G20 Members, Which Countries?)
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
Related Data
Market Data
| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Jun) | 3,34% | +0.26 | |
| Inflasi mom (Jun) | 0,44% | +0.16 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 18.059 | +0.08 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Ekspor Migas (Mei) | 758,10 | -34.38 | |
| Neraca perdagangan (Mei) | -1,61 | -1,907.18 | |
| Impor Migas (Mei) | 4,51 | -1.82 | |
| Ekspor (Mei) | 23,20 | -8.30 | |
| Impor (Mei) | 24,81 | -1.59 | |
| Kunjungan Wisman (Mei) | 1,38 | +10.69 | |
| NTP (Jun) | 114,65 | +0.76 |