How has Indonesia-Czech Republic trade balance fared over the last 10 years?

The Czech Republic is one of Indonesia's important partners in Central Europe. The trend of Indonesia's trade balance with the country has been fluctuating over the last decade.

In 2020, for example, Indonesia's exports to the Czech Republic amounted to US$70.13 million, or approximately Rp1 trillion (using an exchange rate of 1 US$ = Rp14,371). This value decreased by 19.59% compared to the previous year, which reached US$87.21 million.

Meanwhile, imports from the Czech Republic to Indonesia amounted to US$268.89 million last year. This value increased by 40.40% compared to 2019, which was US$191.51 million.

Indonesia's exports to the Czech Republic reached their lowest value in 2013 at US$61.99 million. Meanwhile, imports reached their lowest value in 2010 at US$72.64 million.

Indonesia's exports to the Czech Republic reached their highest value in 2010 at US$165.73 million. Meanwhile, imports reached their highest value in 2020 at US$268.89 million.

Indonesia's exports to the Czech Republic include electrical machinery and equipment, toys and sporting goods, rubber, leather goods, clothing, and accessories. Imports from the Czech Republic include vehicles, mechanical machinery and equipment, optical goods, and plastics.