Indonesia's Trade Balance with Christmas Island Shows a US$3,176,000 Deficit

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Agus Dwi Darmawan 24/11/2022 18:56 WIB

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The trade deficit decreased by 10.51% compared to the previous year's deficit of US$ -3,549,000.

Indonesia's Trade Balance with Christmas Island in 2020

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Indonesia's Trade Balance with Christmas Island Shows a US$3,176,000 Deficit

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Indonesia's Trade Balance with Christmas Island in 2020

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Indonesia's trade balance with Christmas Island recorded a deficit of US$3,176 thousand in 2020. This trade deficit decreased by 10.51% compared to the previous year's balance, which was recorded at US$ -3,549 thousand.

The improvement in the trade balance, according to Trademap data, was supported by Indonesia's export value, which reached US$0 thousand. However, Indonesia's imports from Christmas Island in 2020 were higher than exports, amounting to US$3.18 million.

Regarding exports, according to Trademap statistics, Indonesia did not record any trade with Christmas Island in the last two years.

As for imports, according to Trademap data, there was a 10.51% decrease compared to the previous year, which was recorded at US$3.55 million.

Globally, the trade balance for all goods improved this time due to an increase in several types of goods. Indonesia's total trade balance was recorded at US$21.68 billion, or a 703.56% increase. In other words, Indonesia recorded a trade surplus. The previous year, Indonesia's trade balance with all countries worldwide was recorded at US$ -3.59 billion.

"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."

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Indonesia's Trade Balance with Christmas Island Shows a US$3,176,000 Deficit

Indonesia's Trade Balance with Christmas Island Shows a US$3,176,000 Deficit

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Indonesia's Trade Balance with Christmas Island Shows a US$3,176,000 Deficit

Indonesia's Trade Balance with Christmas Island Shows a US$3,176,000 Deficit

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