Indonesia’s trade balance surplus rose to 3.45 billion U.S. dollars in June from 0.44 billion dollars in May, but decreased from 5.09 billion dollars in the same month last year, Statistics Indonesia (BPS) announced on Monday.
“The trade balance surplus in June was supported by a surplus in non-oil and gas commodities, including mineral fuels, animal and vegetable fats and oils, iron, and steel,” told BPS main secretary Atqo Mardiyanto in a press conference.
While the oil and gas sector had a deficit of 0.96 billion dollars, the non-oil and gas sector contributed an excess of 4.41 billion dollars.
From January through June, the top three destinations for non-oil and gas exports were China (29.93 billion dollars), the United States (11.40 billion dollars), and Japan (10.02 billion dollars), with a combined share of 42.51 percent for the three countries.
During the first half of 2023, the top three suppliers of non-oil and gas commodities were China (29.99 billion dollars), Japan (8.23 billion dollars), and Thailand (5.31 billion dollars), with a combined contribution of 47.27 percent.