Indonesia’s Central Bureau of Statistics released the trade report on March 15. In January-February 2019, Indonesia’s foreign trade volume was US$53.65 billion, down 7.8% year on year. Among these, the exports totaled US$26.46 billion, down 7.8% year on year and the imports totaled US$27.19 billion, down 7.8% year on year. The accumulative trade deficit was US$730 million.
In January-February 2019, the trade volume of non-oil and gas products between China and Indonesia was US$10.47 billion, down 7.0% year on year. Among these, Indonesia’s exports to China, its largest export destination, totaled US$3.26 billion, down 18.1% year on year, accounting for 13.5% of its total exports; Indonesia’s imports from China, its largest source of imports, totaled US$7.2 billion, down 1.0% year on year, accounting for 30.0% of its total imports.
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