Last week, Statistics Indonesia (BPS) recorded June’s trade balance surplus at USD 1.32 billion. This is lower than the previous month which booked a surplus of USD 2.7 billion. However, it is still higher than the trade balance in June 2020 which posted a surplus of USD 1.2 billion. Meanwhile, throughout 1H21, Indonesia’s trade balance surplus accumulated to USD 11.86 billion. The surplus was due to export value which reached USD 18.55 billion in June 2021, with a lower import value. The import value in June was recorded at USD 17.23 billion. Furthermore, Indonesia has experienced a surplus for 14 months in a row.
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