Indonesia: Merchandise trade surplus shrinks in October
Latest reading: In October, the trade balance was USD +3.6 billion, following a USD +5.1 billion figure in the prior month. Over the last 12 months, the trade balance summed to USD +51.2 billion.
Exports declined 0.8% in annual terms in October, coming on the back of 12.2% growth in the previous month. October’s reading was the weakest since March 2024. Imports declined 1.8% in year-on-year terms in October, following a 8.3% increase in the prior month.