In December 2013, Indonesia had posted an unexpectedly large surplus of USD $1.52 billion because miners increased exports of unprocessed minerals ahead of the export ban. This then managed to ease the current account deficit to 1.98 percent of gross domestic product (GDP) in the fourth quarter of 2013. This deficit had been a major concern of international investors as it hit a record high of USD $9.9 billion (or 4.4 percent of GDP) in the second quarter of 2013. Amid the looming ending of the Federal Reserve's quantitative easing program, it resulted in large capital outflows from Indonesia. The January 2014 trade data were thus important indicators to measure the true state of Indonesia's trade balance.

View Statistics Indonesia's January 2014 Trade Statistics

Indonesia's Trade Balance 2014 (in billion US Dollar):

2014                              Export                              Import
Month   Oil & Gas   Non Oil & Gas   Total   Oil & Gas
  Non Oil & Gas   Total
January       2,50          11,99   14,48       3,56          11,36   14,92

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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