Indonesian Macro Update - Trade Balance 04 Aug 2024

KBVS MACRO UPDATE
Monday, 4 August 2025

Indonesia’s Trade Surplus Sustains for 62 Straight Months Amid Shifting Global Dynamics

Indonesia maintained its trade surplus streak for the 62nd consecutive month in Jun ‘25, booking a surplus of USD4.11 bn (Cons: USD3.45 bn; Prev: USD4.30 bn), remained in line with KBVS projection (USD4.04 bn). Exports in Jun ’25 stood at USD23.44 bn, down -4.78% MoM, while imports declined -4.82% MoM to USD19.33 bn.

Looking ahead to Jul ‘25, Indonesia’s trade performance is expected to remain resilient. Despite risks to the trade outlook remain.

 

Regards,
Fikri C Permana – KBVS Research Team

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