Indonesia: Trade surplus hit record high in 2021 – UOB

Pablo Piovano FXStreet

Economist at UOB Group Enrico Tanuwidjaja reviews the latest trade balance results in Indonesia.

Key Takeaways

“Trade surplus at record high in 2021, recording a full 12-month cycle of surplus.”

“High commodity prices may sustain the trade surplus momentum in the next quarter.”

“Indonesia may record a small current account surplus in 2021, first in the last decade.”

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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