Indonesia's exports surged 24.08 percent year-on-year (y/y) to USD $14.29 billion in May 2017, beating forecasts. Growth was particularly supported by shipments of mining products (surging nearly 60 percent y/y). BPS also said exports of oil and gas as well as agriculture products rose.

Read more: Indonesia's Official May 2017 Trade Data

Meanwhile, Indonesia's imports rose 24.03 percent (y/y) to USD $13.82 billion in May 2017, significantly higher than the 9.90 percent (y/y) that was expected by analysts. Imports rose amid increased demand ahead of Ramadan that started in late-May. Most imports originated from China, Japan and Thailand. In fact, more than a quarter of imports were shipped from China, while slightly over 10 percent came from Japan.