Indonésie Balance Commerciale

Indonesia's trade surplus jumped to USD 4.42 billion in November 2024 from USD 2.41 billion in the same month a year earlier, surpassing market estimates of USD 2.21 billion. This marks the largest trade surplus since July, mainly due to a surge in exports. Shipments rose by 9.14% yoy, marking the eighth consecutive month of growth and topping expectations of 4.92%. Shipments increased to the US (20.75%), China (15.47%), the ASEAN countries (8.08%), and the EU (6.57%). Meanwhile, imports almost stalled, up only 0.01%, missing forecasts of a 6.15% rise and deteriorating from a 17.49% surge in October. For the first eleven months of the year, the trade balance registered a surplus of USD 28.89 billion, with exports rising by 2.06% and imports expanding at a faster 4.74%.