JAKARTADAILY.ID – Trade Minister Zulkifli Hasan revealed that Indonesia once again recorded a trade surplus in August 2022 of $5.76 billion. The August 2022 surplus was contributed by the surplus in the non-oil and gas trade of $ 7.74 billion and the oil and gas trade deficit of $ 1.98 billion.
"The trade surplus in August 2022 continues the trend of consecutive surpluses since May 2020. Indonesia has still managed to maintain a record trade surplus for 28 consecutive months," said Trade Minister Zulkifli Hasan in a report from the Ministry of Trade on Monday, September 19, 2022.
India became a trading partner country that contributed the largest surplus with a value of $1.81 billion, followed by the United States with $1.65 billion. The third largest contributor to the surplus was the Philippines with a value of $1.09 billion.
This value breaks the previous record reached in April 2022 ($27.32 billion). Export performance in August was supported by Indonesia's non-oil and gas exports of $26.19 billion and oil and gas exports of $1.72 billion.
Compared to July 2022, August 2022's export performance increased by 9.17 percent (MoM).