The Institute for Economic and Community Research, Faculty of Economics and Business, University of Indonesia (LPEM FEB UI) estimates that there will be an increase in the trade balance surplus in March 2022. LPEM FEB UI Macroeconomic and Financial Market Economist Teuku Riefky estimates that the trade balance surplus in March 2022 was USD 3.95 billion, or higher than the surplus in February 2022 which was USD 3.83 billion. "Indeed, there is still an increase, but the increase is not as big as in the previous month. In other words, the increase in the trade balance surplus will slow down," said Riefky to Kontan.co.id, Tuesday (12/4).

Riefky said the trade balance surplus trend would still occur. However, in April 2022 it is expected to decrease, in line with the improving performance of imports due to further economic recovery.Going forward, Riefky sees that the performance of the trade balance will depend on global events. However, Riefky believes that there will still be fresh air for Indonesia's trade prospects in line with the increasing needs of trading partner countries.
However, Riefky appealed to Indonesia to continue to prepare the horses to strengthen the performance of domestic exports. One of them is through domestic downstreaming and structural reforms as well as improving the quality of exports so that they do not depend on traditional commodities.

Source: https://nasional.kontan.co.id/news/surplus-neraca-perdagangan-maret-2022-berpotensi-menguat