Oil and gas exports of Indonesia rose 23.56 percent month-on-month (m/m) to USD $1.48 billion in March 2017, while non-oil and gas exports climbed 14.86 percent (m/m) to USD $13.11 billion. In terms of non-oil and gas exports, highest growth originated from (1) mineral fuels, (2) rubber and rubber products, and (3) ore, crust and gray metal exports.

BPS also reported Indonesia's imports climbed 18.19 percent year-on-year (y/y) to USD $13.36 billion in March 2017, also nearly twice as fast compared to import growth in the preceding month and analyst forecasts for March.

In resulted in a USD $1.23 billion trade surplus for Indonesia in March 2017, slightly down from a revised USD $1.27 billion trade surplus in the preceding month. Ever since the start of 2016 Indonesia posted a trade surplus in each month.

View Indonesia's March 2017 Export & Import Statistics

Bahas