Latest reading: In May, the trade balance was USD +2.3 billion, following a USD +4.5 billion figure in the previous...
Merchandise Trade Balance in Indonesia
The merchandise trade balance in Indonesia averaged USD 25.4 billion in the decade to 2024. The 2024 reading was USD 39.9 billion. For more information on trade, visit our dedicated page.
Indonesia Trade Chart
Note: This chart displays Trade Balance (USD billion) for Indonesia from 2014 to 2025.
Source: Macrobond.
Indonesia Trade Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | 43.8 | 62.7 | 46.3 | 39.8 | 43.0 |
Merchandise trade surplus narrows in April
Latest reading: In April, the trade balance was USD +1.4 billion, following a USD +3.9 billion figure in the prior month. This was the smallest surplus since April 2025. Over the last 12 months, the trade balance summed to USD +45.1 billion. Merchandise exports rose 22.2% in annual terms in April, following a 2.0% decline in the prior month. April's reading was the strongest since August 2022. Merchandise imports were up 21.6% in annual terms in April, following 3.9% growth in the prior month. April's reading was the strongest in a year.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Indonesian trade projections for the next ten years from a panel of 14 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Indonesian trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Indonesian trade projections.
Want to get access to the full dataset of Indonesian trade forecasts? Send an email to info@focus-economics.com.
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