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Indonesia Net Trade (Goods & Services, BoP)

Indonesia's net trade (goods & services, bop) fell to $21.45 billion in 2024, down from $28.59 billion in 2023, according to World Bank. This represents a decrease of 25% ($7.14 billion) from the previous year. Indonesia has net trade (goods & services, bop) higher than the global median ($21.45 billion vs median -$215.12 million). Compared with the median in Asia, Indonesia is higher ($21.45 billion vs regional median $634.26 million) and ranks 10th out of 42 countries in Asia.

Yearly Historical Data (1981-2024)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2024 21.45
2023 28.59
2022 42.72
2021 29.21
2020 18.55
2019 -4.13
2018 -6.71
2017 11.43
2016 8.23
2015 5.35
2014 -3.03
2013 -6.24
2012 -1.88
2011 24.02
2010 21.21
2009 21.19
2008 9.92
2007 20.91
2006 19.79
2005 8.41
2004 11.34
2003 12.46
2002 13.13
2001 12.32
2000 14.62
1999 12.87
1998 10.82
1997 0.41
1996 -2.59
1995 -1.54
1994 1.28
1993 2.34
1992 2.31
1991 1.06
1990 1.78
1989 3.1
1988 2.44
1987 1.3
1986 -0.95
1985 1.53
1984 2.04
1983 -2.8
1982 -2.46
1981 2.26
Indonesia Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Indonesia, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $258.77B $291.98B 2023
Annual Imports $221.89B $237.45B 2023
Balance of Trade $5.5B $5.5B Sep'25
Exports $25B $24.7B Aug'25
Exports (% GDP) 22.18% 21.75% 2024
FDI Inflows (% GDP) 1.73% 1.57% 2024
Imports $194.7B $20.6B Aug'25
Imports (% GDP) 20.39% 19.58% 2024
Tariff Rate 5.82% 6.02% 2022
Trade (% GDP) 42.57% 41.34% 2024