Indonesia Bilancia Commerciale

Indonesia’s trade surplus widened sharply to USD 4.30 billion in May 2025, up from USD 2.92 billion in the same month a year earlier, and well above market expectations of a USD 2.40 billion surplus. Exports rose 9.68% year-on-year to a 31-month high of USD 24.61 billion, far exceeding forecasts of a 1% increase and accelerating from a 5.76% gain in April. The upturn was driven by factories rushing to ship goods during a 90-day pause on new U.S. tariffs announced by the Trump administration, with shipments to the US surging 24.76%. Meanwhile, imports unexpectedly grew 4.14% year-on-year to USD 20.31 billion, beating expectations of a 0.1% decline. Although still positive, it marked the softest pace since February, following a 21.84% surge in April, amid easing global trade tensions. For the first five months of 2025, Indonesia registered a trade surplus of USD 15.38 billion, with exports and imports rising 6.98% and 5.45%, respectively.