Indonesia: Merchandise trade surplus softens in December
Latest reading: In December, the trade balance was USD +3.2 billion, following a USD +3.3 billion figure in the prior month. Over the last 12 months, the trade balance summed to USD +49.8 billion. This was the smallest surplus since April 2025.
Merchandise exports were up 11.8% in annual terms in December, following a 5.5% decline in the prior month. Meanwhile, merchandise imports were up 13.0% in year-on-year terms in December, following a 0.6% rise in the prior month. December’s reading was the strongest since April 2025.