Jakarta: Indonesia’s balance of trade in December 2022 experienced a surplus of US$3.89 billion, according to the country's Central Statistics Agency (BPS).
Indonesia's non-oil and gas sector experienced a trade surplus of US$5.61 billion, while the oil and gas sector experienced a trade deficit of US$1.72 billion.
The value of Indonesia’s exports in December 2022 reached US$23.83 billion, decreasing by 1.10 percent compared to exports in November 2022 but increasing by 6.58 percent compared to December 2021.
Non-oil and gas exports in December 2022 reached US$22.35 billion, decreasing 2.73 percent compared to non-oil and gas exports in November 2022 but increasing 4.99 percent compared to December 2021.
"Cumulatively, Indonesia’s exports from January to December 2022 reached US$291.98 billion, increasing by 26.07 percent over the same period in 2021," the agency stated in a media release on Monday, January 16, 2023.
Likewise, non-oil and gas exports reached US$275.96 billion or increased 25.80 percent.
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