Indonesia: Trade surplus widened in March – UOB

Junior Economist Yari Mayaseti at UOB Group reviews the latest tarde balance results in the Indonesian economy.

Key Takeaways

“Indonesia’s trade surplus widened in March 2022 and reached USD4.5bn vs. USD3.8bn in February 2022.”

“Indonesia's exports in March were valued at USD26.5bn, with the non-oil and gas exports amounting to USD25.1bn (March’s 43.8% y/y vs. February’s 35.2% y/y).”

“Indonesia’s imports in March were valued at USD21.9bn, with the non-oil and gas imports amounting to USD18.5bn (March’s 27.3% y/y vs. February’s 14.8% y/y).”