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Indonesia Trade Balance

External balance on goods and services  NE.RSB.GNFS.CD

Indonesia's trade balance was $34.0B in 2025, ranked 18th globally. This represents a 35.7% increase from 2024. Data from World Bank, covering 1967–2025.

$34.0B +$8.9B (+35.7%)
Year 2025 Rank #18 Global Peak $46.7B (2022) Source World Bank

Indonesia Trade Balance (1967–2025)

Overview

Indonesia's trade balance stood at $34.0B in 2025, a rise of +$8.9B from 2024. Based on recent trends, this figure is projected to reach $34.0B by 2025. Indonesia ranked 18th globally.

Indonesia's trade balance has experienced significant fluctuations over the past 59 years, with a recorded all-time peak of 46,711,393,458.11 in 2022 and a trough of -11,139,964,498.51 in 2018. While the latest available data in 2025 shows a trade balance of 33,990,113,800.64, ranking the country 18th globally. This is comparable to peer countries such as Viet Nam, which had a trade balance of 37,198,972,939.55 in the same year. Notably, Indonesia's trade balance has been trending upwards since 2018, indicating a potential shift towards a more export-driven economy. However, the country's reliance on a few key industries, such as manufacturing and agriculture, may leave it vulnerable to external shocks and global market fluctuations. A significant improvement in the country's trade balance would require sustained economic growth, increased competitiveness in global markets, and a diversification of exports to reduce dependence on a few key sectors.

Data & projection

Year Trade Balance YoY change Rank
2027* trend $36.6B - -
2026* trend $35.3B - -
2025* trend $34.0B - -
2025 $34.0B +$8.9B #18
2024 $25.0B −$4.7B #140
2023 $29.8B −$16.9B #152
2022 $46.7B +$15.5B #165
2021 $31.2B +$13.3B #164
2020 $17.9B +$22.9B #160
2019 $-5.0B +$6.2B #29
2018 $-11.1B −$21.3B #15
2017 $10.1B +$3.1B #155
2016 $7.1B +$3.8B #153
2015 $3.3B +$10.0B #152
2014 $-6.7B +$545.8M #23
2013 $-7.2B −$3.6B #22
2012 $-3.6B −$25.7B #41
2011 $22.1B +$7.8B #158
Show all years (1967-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +14.5% GDP growth 6.2% C/A balance 0.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Indonesia matched the Export Boom Cycle pattern in 2011. Historically, 71% of countries showing this pattern (546 out of 768) saw trade balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Indonesia's trade balance?▾

Indonesia's trade balance was $34.0B in 2025. Ranked 18th globally. This represents a 35.7% increase from the previous year.

What was the highest trade balance in Indonesia?▾

Indonesia's trade balance peaked at $46.7B in 2022.

What was the lowest trade balance in Indonesia?▾

The lowest trade balance in Indonesia was $-11.1B in 2018.

How does Indonesia rank in trade balance?▾

Indonesia ranks 18th globally in trade balance as of 2025.

What is the World Bank indicator code for trade balance?▾

The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.

What is the projected trade balance of Indonesia in 2025?▾

Indonesia's trade balance is projected to reach $34.0B by 2025 based on trend extrapolation.

What is Indonesia's trade balance in billion?▾

Indonesia's trade balance was approximately 33.99 billion ($34.0B) in 2025.

What is the trade balance of Indonesia in 2025?▾

The trade balance of Indonesia in 2025 was $34.0B. This ranks 18th in the world.

Cite this page

APA
Indonesia Trade Balance. HistorySaid. Retrieved November 3, 2026, from https://historysaid.com/indonesia/trade-balance/
BibTeX
@misc{historysaid_indonesia_trade-balance, title = {Indonesia Trade Balance}, url = {https://historysaid.com/indonesia/trade-balance/}, publisher = {HistorySaid}, year = {2026} }

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