Indonesia's non-oil and gas trade balance in May 2019 recorded a surplus of USD 1,19 billion, able to cover the oil and gas balance deficit of USD 0,98 billion, so that Indonesia's trade balance in total recorded a surplus of USD 0,21 billion. The May 2019 surplus was caused by a combination of improving real export-import exchange rates and increasing Indonesian export volumes. The continuation of the United States (US)-China trade war has not directly affected Indonesian trade, but needs to be addressed carefully not through trade policy alone, but fundamental policies in terms of the business or investment climate.
