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Indonesia records trade balance surplus of 3.89 bln USD in Dec last year

  • Sun Online Desk
  • 16th January, 2023 07:33:25 PM
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Indonesia records trade balance surplus of 3.89 bln USD in Dec last year

Indonesia posted a trade balance surplus of 3.89 billion U.S. dollars in December 2022, according to Statistics Indonesia (BPS).

"This is the 32nd month in a row of surplus since May 2020," BPS head Margo Yuwono said in a virtual press conference on Monday, Xinhua reported.

The value of exports in December increased by 6.58 percent year-on-year to 23.83 billion dollars. Meanwhile, imports fell by 6.61 percent to 19.94 billion dollars.

From January to December 2022, the top three non-oil and gas export destinations were China, Japan, and the United States. China, Japan and Thailand were the main suppliers of non-oil and gas commodities to Indonesia last year.