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Berita Hari Ini Export

  • Trade Balance Indonesia: Big Monthly Trade Deficit in July 2018

    Adding more pressures onto the rupiah, Indonesia's Statistics Agency (BPS) announced on Wednesday (15/08) that the country's trade balance deteriorated significantly. In July 2018 Indonesia had a USD $2.03 billion trade deficit, much bigger than had been expected by analysts (and constituting the widest monthly trade deficit in the past five years). The latest deficit was particularly attributed to rapidly rising imports into Southeast Asia's largest economy.

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  • Trade Balance Indonesia: $1.74 Billion Surplus in June 2018

    According to the latest data from Statistics Indonesia (BPS), the country's trade balance showed a USD $1.74 billion surplus in June 2018. It was a much bigger surplus than had been estimated by analysts, primarily caused by weaker import growth than had been predicted by analysts.

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  • Trade Balance Indonesia: $1.52 Billion Deficit in May 2018

    After a (revised) USD $1.63 billion trade deficit in April 2018, Indonesia posted another big trade deficit in the following month. In May 2018 Indonesia's trade deficit reached USD $1.52 billion, slightly lower from the deficit in the preceding month but still constituting a wider deficit than had been expected by analysts. Despite rising exports in May, a soaring crude oil price managed to put big pressures on Indonesia's trade balance.

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  • Indonesia Scraps Trade Ministry Regulation No. 82/2017 on National Shipping

    The Indonesian government scrapped Trade Ministry Regulation No. 82/2017 on the Terms of Use of National Shipping and Insurance Companies for the Export and Import of Certain Goods. This regulation, which was originally scheduled to be implemented in May 2018 (but its implementation had already been postponed), would have made it mandatory to use local vessels (owned by Indonesian sea shipping companies) for the export of coal, crude palm oil (CPO), and rice.

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  • Trade Balance Indonesia: $1.63 Billion Deficit in April 2018

    Based on data from Statistics Indonesia (BPS), Indonesia's trade balance showed a USD $1.63 billion deficit in April 2018. The deficit, which surprised most analysts' expectations, is the nation's biggest monthly trade deficit in four years (April 2014). While exports grew 9.0 percent year-on-year (y/y) to USD $14.47 billion, imports grew much more impressive - at a pace of 34.7 percent (y/y) - to USD $16.09 billion last month.

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  • Trade Balance Indonesia: $1.1 Billion Trade Surplus in March 2018

    Indonesia posted a surprising USD $1.1 billion trade surplus in March 2018, the country's largest trade surplus since October 2017 and effectively ending a three-month trade deficit streak. Suhariyanto, Head of Indonesia's Statistics Agency (BPS), told reporters at a press conference on Monday (16/04) that the trade surplus was caused by a USD $2.0 billion surplus in the non-oil & gas sector. The balance in the oil & gas sector, however, remained negative (showing a USD $924.5 million deficit in March).

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  • Bank Indonesia Expects Trade Surplus in March, Economists Predict Deficit

    The central bank of Indonesia (Bank Indonesia) expects the nation’s trade balance to swing into surplus in March 2018, after recording two monthly trade deficits in January and February (USD $756 million and USD $116 million, respectively), as pressures from imports of raw materials and capital goods are seen sliding. Incumbent Bank Indonesia Governor Agus Martowardojo said a USD $1.1 billion surplus is possible in the third month of 2018, implying the trade balance would show a surplus, overall, in the first quarter of 2018.

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Artikel Terbaru Export

  • Pasar Besar untuk Produk-Produk Makanan Indonesia di Belanda

    Ekspor produk-produk makanan dari Indonesia ke Belanda telah meningkat menurut Wim Jansen, Manajer Komersial di NIVO Import & Export BV, importir dan eksportir produk-produk makanan Asia yang berbasis di Belanda. Sekitar 45% dari nilai impor perusahaan ini ke Belanda terdiri dari produk-produk makanan dari Indonesia, mencapai nilai 3,5 juta euro per tahun. Beberapa produk makanan Indonesia yang diimpor ke dalam Belanda adalah sambal cabe, saus kedelai, krupuk, berbagai jenis bumbu dan mie.

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  • Analysis Performance of the Indonesian Rupiah Exchange Rate

    The Indonesian rupiah exchange rate continued to depreciate on Monday (02/03). According to the Bloomberg Dollar Index, Indonesia’s currency depreciated 0.30 percent to IDR 12,970 per US dollar, a six-year low. Apart from general bullish US dollar momentum in recent months (amid monetary tightening in the USA), the rupiah weakened due to Bank Indonesia’s signals that it tolerates a weaker currency in a move to boost exports (limiting the country’s current account deficit), and due to China’s interest rates cut.

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  • Customs Identification Number (NIK) Indonesia

    The Customs Identification Number (NIK) in Indonesia is a personal identity number given by the Directorate General of Customs and Excise to users of customs services, such as importers and exporters. This customs number gives customs users the possibility to access or connect with the customs system. The registration of a Customs Identification Number is required in order to perform customs activities. Without such number trading companies are (in most cases) not able to perform import or export activities.

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  • Update Indonesia: Bagaimana Pertumbuhan Ekonomi Tahun 2015?

    Walaupun pertumbuhan ekonomi Indonesia bergerak lebih lambat pada tahun 2014, terlihat optimisme bahwa pertumbuhan tersebut akan rebound pada tahun 2015 meskipun kondisi ekonomi global belum kondusif (dan membatasi kinerja ekspor Indonesia) serta lingkungan suku bunga Indonesia yang masih tinggi. Bank Indonesia menaikkan BI rate beberapa kali selama satu setengah tahun terakhir dalam upaya untuk mencegah inflasi tinggi (yang disebabkan oleh kenaikan harga BBM subsidi), menghambat aliran keluar modal menjelang pengetatan moneter AS, membatasi defisit transaksi berjalan dan mendukung nilai rupiah.

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  • Trade Balance of Indonesia Improved in 2014

    The trade balance of Indonesia improved in 2014. Over the whole year of 2014 Indonesia posted a USD $1.88 billion trade deficit, significantly better than the USD $4.08 billion deficit it recorded a year earlier. Today (02/02), Statistics Indonesia announced that Indonesia posted a USD $0.19 billion trade surplus in the last month of the year after having recorded a USD $0.42 billion trade deficit in the preceding month. The improved performance is mainly due to the country’s growing non-oil & gas surplus and narrowing oil & gas deficit.

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  • Import Identification Number (API) Indonesia - Overview

    An Import Identification Number (API) is required in case a company wishes to import goods into Indonesian territory. Without such number a company is not allowed to perform any import activities. Minister of Trade Regulation number 27/M-DAG/PER/5/2012 regarding Provisions on Importer Identification Number (API) as amended by Minister of Trade Regulation number 59/M-DAG/PER/9/2012 (Trade Regulation) regulates the types of API based on the intended use for the product imported.

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  • Analysis of Indonesia’s Dec Inflation and Nov Trade Balance

    Indonesia’s inflation pace accelerated in December 2014, exceeding estimations of analysts and Indonesia’s central bank. December inflation, 2.46 percent (m/m) or 8.36 percent (y/y), accelerated due to the impact of higher subsidized fuel prices (introduced in November) and volatile food prices (fluctuating rice and chili prices at the year-end). Other factors that contributed to high inflation in 2014 were higher electricity tariffs for households and industries, the higher price of 12 kg LPG, and an airfare adjustment.

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  • Update Indonesian Economy: Inflation, Trade Balance & Manufacturing

    Indonesia’s inflation reached 2.46 percent month-to-month (m/m) in December 2014 due to the impact of higher subsidized fuel prices implemented on 18 November 2014. On a year-on-year (y/y) basis, Indonesia’s inflation was recorded at 8.36 percent, slightly lower than the result in 2013 (8.38 percent). Inflation has been high in 2013 and 2014 as the Indonesian government raised prices of subsidized fuels in both years in an attempt to relieve fiscal pressures brought about by costly oil imports.

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  • Currency of Indonesia Update: Rupiah Exchange Rate Strengthens Slightly

    The Indonesia rupiah exchange rate appreciated slightly on Tuesday (02/12). By 12:50 pm local Jakarta time, the currency had appreciated 0.03 percent to 12,277 per US dollar according to the Bloomberg Dollar Index. Yesterday, Indonesia’s currency had depreciated to the lowest level since January 2014 after official government data showed that inflation had accelerated sharply, while exports contracted more than expected, implying that the country’s wide current account deficit remains troublesome.

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  • Trade Balance Update Indonesia: $20 Million Surplus in October 2014

    After having recorded a trade deficit for several months, Indonesia finally posted a USD $20 million trade surplus in October 2014, according to data from the country’s Central Statistics Agency (BPS) released on Monday (01/12). Exports in October amounted to USD $15.35 billion, while imports were recorded at USD $15.33 billion. The improvement in Indonesia’s trade balance was mainly on the back of growth in the country’s non-oil & gas sector exports. This sector saw a surplus of USD $1.13 billion (up from USD $760 million in September).

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