Indonesia's trade value with Turkey during the January-July 2017 period reached US$859.76 million, an 8 percent increase compared to the same period the previous year, valued at US$795.6 million. However, the trade balance decreased by 2.76 percent to US$422.46 million from US$434.45 million previously. This decrease was triggered by a 21.1 percent increase in imports to US$218.65 million, while exports only increased by 4.24 percent to US$641.1 million.
Indonesia has consistently recorded a trade surplus with Turkey. In 2012, Indonesian trade recorded a surplus of US$1.06 billion, but the following year it shrank to only US$221.26 million. In 2016, Indonesia's trade with Turkey reached US$1.34 billion with a trade surplus of US$712.9 million.
One of Indonesia's export commodities to Turkey is crumb rubber, while imports from Turkey include tobacco. Indonesia's crumb rubber exports to Turkey in 2016 reached 49,600 tons valued at US$157.7 million. Meanwhile, imports from Turkey consisted of 5.67 million tons of tobacco valued at US$44.42 million.
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