Indonesia trade surplus likely narrower in Dec

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JAKARTA- Indonesia’s trade surplus likely shrank in December as imports were seen to jump while exports probably recorded a smaller rise, a Reuters poll showed on Tuesday.

The median forecast from 19 economists, surveyed between Jan. 8 and Jan. 14, was for a trade surplus of $3.79 billion in December, smaller than $4.42 billion in November – the biggest surplus since March 2024.

The monthly trade surplus in the largest economy in Southeast Asia has been narrowing due to weaker global demand since April 2022, when it booked a record high surplus.

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Exports in December were forecast to have logged a smaller 7.38 percent year-on-year increase, compared to the 9.14 percent gain in November.

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