BPS Chairman Margo Yuwono (Photo: BPS)
BPS Chairman Margo Yuwono (Photo: BPS)

Indonesia Posts $9.33 Billion Trade Surplus in First Quarter of 2022

English BPS trade indonesian economy
Eko Nordiansyah • 18 April 2022 14:49
Jakarta: The Central Statistics Agency (BPS) today announced that Indonesia recorded a trade surplus of USD9.33 billion in the first quarter of 2022. 
 
This is Indonesia's highest trade surplus in the same period in the last five years.
 
"Cumulatively, in January-March 2022, Indonesia experienced a trade surplus of USD 9.33 billion," said BPS Head Margo Yuwono in a video conference on Monday, April 18, 2022.
 
In the same period last year, the trade balance surplus was recorded at only USD 5.52 billion. 
 
Furthermore, Indonesia recorded a trade surplus of USD2.54 billion in 2020, a trade deficit of USD3.59 billion in 2019, a trade deficit of USD4.70 billion in 2018, and a trade surplus of USD4.12 billion in 2017.

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This is quite high, hopefully this surplus will continue to increase and can have an impact on  Indonesian economy," he said.
 
(WAH)
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