Unexpected December 2013 Surplus Helps to Ease Indonesia's Trade Deficit

Total exports in 2013 (January to December) reached USD $182.57 billion, or declined 3.92 percent from the previous year. Fuels and fats and animal/vegetable oils were the most valuable export products at USD $24,78 billion and USD $19.22 billion respectively. Largest export destination of Indonesia in 2013 was China, the world's second largest economy, with USD $21.28 billion worth of exports, followed by Japan (USD $16.09 billion) and the USA (USD $15.08 billion).

Imports in 2013 totaled USD $186.3 billion, a 2.64 percent decline from the previous year. China accounted for the largest contribution share towards Indonesia's imports. Indonesia imported products worth of USD $29.57 billion from China, followed by Japan (USD $19.05 billion) and the United States (USD $10.61 billion). Thus both in terms of export and import, China, Japan and the USA are Indonesia's most important trading partners.

Indonesia's Trade Balance 2013 (in billion US Dollar):

2013	Export			Import
Month	Oil & Gas	Non Oil & Gas	Total	Oil & Gas	Non Oil & Gas	Total
January	2,66	12,72	15,38	3,97	11,48	15,45
February	2,57	12,45	15,02	3,64	11,67	15,31
March	2,93	12,09	15,02	3,90	10,99	14,89
April	2,45	12,31	14,76	3,63	12,83	16,46
May	2,92	13,21	16,13	3,43	13,23	16,66
June	2,80	11,96	14,76	3,53	12,11	15,64
July	2,28	12,81	15,09	4,14	13,28	17,42
August	2,72	10,36	13,08	3,67	9,34	13,01
September	2,41	12,29	14,70	3,72	11,79	15,51
October	2,72	12,99	15,70	3,47	12,20	15,67
November	2,77	13,17	15,94	3,70	11,21	15,15
December	3,41	13,58	16,98	4,22	11,24	15,46
Jan-Dec	32,63	149,93	182,57	45,27	141,36	186,36

^{Source: Statistics Indonesia}

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