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Balance of Trade January-August 2016
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Indonesia's trade balance showed a downward trend throughout 2016. According to data from the Central Bureau of Statistics, the trade balance in August 2016 reached only US$293.6 million, a 42.8 percent decrease from the previous month. This figure is the lowest since February 2016, and represents a consecutive decline for two months.
In August 2016, Indonesia's export value reached US$12.63 billion, while import value reached US$12.3 billion, resulting in a surplus of US$293.6 million. Cumulatively, from January to August 2016, Indonesia's export value totaled US$91.73 billion, while imports in the same period reached US$87.35 billion, resulting in a trade surplus of US$4.38 billion.
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