By Iman Pambagyo

Jakarta GlobeJuly 8, 2025

Every time Indonesia’s Central Statistics Agency (BPS) releases monthly trade balance data, public discourse in Indonesia tends to revolve around a single question: surplus or deficit? It is as if that number becomes the sole benchmark of the nation’s economic health. In reality, within the framework of healthy and sustainable economic development, a trade balance surplus or deficit is just one of many parameters that must be assessed proportionally and contextually, because the reality is far more complex. Read more at: https://jakartaglobe.id/opinion/is-trade-balance-everything First published in Jakarta Globe