Indonesia’s trade balance in 2020 had US$ 21.74 billion surplus with export at US$ 163.31 billion, while imports US$ 141.57 billion.

The export in 2020 fell 2.61% from US$ 167.68 billion to US$ 163.31 billion. Meanwhile, imports fell 17.34% from US$ 171.28 billion to US$ 141.57 billion.

For export, agriculture increase 13.98%, processing industry increase 2.95%, and mining decrease 20.7%.

Meanwhile, imports on consumer goods fell 10.93%, supporting raw materials minus 18.32%, and capital goods decrease 16.73%.

For trade balance, Indonesia had surplus US$ 1.23 billion from United States, US$ 866.3 million from India, and US$ 468.9 million from Philippines.

On trade deficits, the largest with China about US$ 1.12 billion, Australia US$ 260.2 million, and Brazil US$ 203.3 million.

Source : BPS Data