Indonesia trade balance has deteriorated in April 2013. If in March 2013, Indonesia trade balance posted a surplus of USD 0.1 billion, conversely the economy relapsed into a trade deficit of USD 1.6 billion in April 2013. The deterioration in trade balance is attributable to the surge in imports by 9.6%. The rise in the value of imports is in part as a result of a surge in non oil imports from USD 11 billion to USD 12.7 billion, meanwhile, oil imports registered a decrease of USD 0.3 billion or 7.7%.   The decrease in exports from USD 15.02 billion to USD 14.7 billion is another factor that contributed to the drop in the trade balance in April 2013. read more

Indonesia trade balance deficit in 2012 was accounted for USD 1.7 billion, which is worse compared to its performance in 2011 that registered surplus USD 26.1 billion. The weakening of Indonesia balance of trade in 2012 is attributable to the decrease in the oil and gas’ trade balance from surplus of USD 0.8 billion in 2011 to deficit of USD 5.6 billion in 2012. Besides, the deteriorating of Indonesia trade balance also caused by the decrease of non oil and gas’ trade balance from USD 25.3 billion in 2011 to USD 4 billion in 2012. read more

On the performance of international trade, Indonesia registers a deficit in October 2012, which came as a result of a decrease of 1.45% in the value of exports which stood at USD 15, 667.3 million from the value for the previous month. The decrease in value of exports is by and large, attributable to 3.42 % drop in non oil exports in October 2012 from the figure posted for September 2012. The value of exports decreased both in trems of monthly figures and yearly figures (January-October 2012). The value of Indonesian exports was USD 158,664.3 million for January-October 2012, which was a decrease of 6.62% from USD 169,183.5 million recorded in the same period in 2011. This is an indication that the weakening global economy continue to have adverse impact on Indonesian exports. read more