Indonesia: Trade surplus hit record high in 2021 – UOB

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.”