According to the latest data from Statistics Indonesia (BPS), the trade balance swung into a modest USD $85.1 million surplus in August 2019; welcome news after the USD $64.3 million trade deficit that was posted by the country in the preceding month.

BPS Head Suhariyanto said at a press conference on 16 September 2019 that the country’s trade balance was affected by a sharp drop in both oil & gas and non-oil & gas imports in August.

Read the full article in the September 2019 edition of our monthly research report. You can purchase the report by sending an email to or a WhatsApp message to the following number: +62(0)8788.410.6944