Ukraine Conflict Impact_Mar 1st 2022_BNI_COE

Ukraine Conflict Impact to Economy Yohan Setio| BNI Chief of Economist Tuesday, 1 March 2022 #BUMNUntukIndonesia 1 This presentation has been prepared specifically for BNI. The content of this presentation may not be used, duplicated or transmitted in any form without the written consent from BNI. All rights reserved.

Direct impact of the Russia vs Ukraine conflict on Indonesia's trade volume is relatively minimal The value of Indonesia's trade with Russia and Ukraine in 2021 is relatively small. The value of exports to Russia & Ukraine is only 0.83% of Indonesia's total exports in 2021. Trade Balance (US$ Billion) Indonesia Exports & Imports with Russia and Ukraine is relatively small. Export Import Surplus/ • In 2021, Indonesia exports to Russia was US$1,493.6 (Deficit) Russia 1,49 1,25 million or 0.65% of total exports (US$231.54 billion). Ukraine 0,42 1,04 0,24 • Meanwhile, Indonesia exports destination to Ukraine was Total (Russia & Ukraine) 1,91 2,29 Total Indonesia 231,54 196,20 -0,62 US$416.99 million or 0.18% of total goods exports in -0,38 2021. • Indonesia exports to Russia + Ukraine amounted to 35,34 US$1,910.59 million or 0.83% of total goods exports in 2021. Russia Ukraine Total (Russia & Ukraine) Total Indonesia Sumber: BPS & Bisnis Indonesia 25 Februari 2022 ▪ Indonesia imports from Russia relatively small. In 2021 the 2 value of Indonesia import from Russia was US$1,253.8 million or 0.64% of Indonesia's total import value (US$196.2 billion). ▪ Meanwhile, Indonesia imports from Ukraine were worth US$1,040.88 million or 0.53% of the total value of Indonesia imports in 2021. ▪ Indonesia imports from Russia + Ukraine are worth US$2,294.68 million or 1.17% of Indonesia's total imports in 2021.

Economic Impact of Ukraine Crisis: Oil Prices Raise, Higher Inflation, Tighten Monetary Policy Higher oil price may translate to higher inflation peak in the US 3

Summary of Sanctions against Russia (1) Instrument Sector Action Status (as of Countries Feb 24) GER, US Nord Stream 2 Energy Suspend certification, which was awaiting regulatory approval from Complete the German government. US, EU, UK, JPN, Sovereign Debt Financial New steps CA, AUS, NOR Sanction Nord Stream 2 AG and its corporate officers. taken US, EU, UK, JPN, Prohibit transactions in Russian sovereign debt in the US/EU (US New steps CA, AUS, NOR prohibitions currently for debt issued to begin after March 1, 2022; taken US institutions were already prohibited from the primary market). US, EU, UK, CA, New steps AUS, NOR Property/Travel Individuals Freeze assets and ban travel taken 4 Block Russian banks from transacting with foreign entities. Blocking Banks Financial First trance: The US blocked two Russian banks: VEB, involved in domestic development and PSB: involved in defense; the EU blocked two banks; and the UK blocked five banks. Second trance: New US restrictions on Siberbank, and full block on VTB, Otkritie, Novikom, and Sovcom: exceptions provided in 8 categories (e.g. energy). UK blocked and froze assets of major Russian banks, including VTB; EU announcements were still to come at the time of publication.

Summary of Sanctions against Russia (2) Instrument Sector Action Status (as of Countries Feb 24) US, EU, UK, JPN US, EU, UK, JPN, Currency Financial Coordinate to “limit Russia’s ability” to transact in Dollars, Euros, New steps Transactions Pounds, and Yen. taken CA, AUS Export Controls Tech, Defense, Restricts exports to Russia of US software, technology, and New steps US, UK Investment Aviation, equipment. taken restrictions Maririme 5 Restrict exports to Russia from third countries if the “direct New steps Energy Trade Energy, product” of US technology. taken SWIFT Financial, Defense Further restrict lending and investment in Russian firms (previous No new US and EU ban on investment/lending to certain banks, defense actions Energy and firms, and energy firms: energy trade/services restrictions were No new Commodities actions limited to Arctic offshore, deepwater and shale) Financial The US applied financing prohibitions (new debt longer than 14 dats and new equity) against 13 firms – two private entities and 11 SOEs, including Sberbank, Gazprombank, and Gazprom. Further restrict trade of commodities and energy. Block Russia from using SWIFT system, making it difficult for Russian banks to transact overseas in any currency.

Deeper Look into the Sanctions • Financial sanctions won’t act as a deterrent to Russia: ➢ Since 2014 sanctions on Crimea annexation, Russia has strengthened its balance sheet, external and fiscal balances, largely independent of external financing ➢ Domestic capital market has also deepened significantly and able to step in when foreign money leaves the country ➢ The use of USD in trade & financial transaction has sharply declined. FX reserves has shifted more into EUR and CNY (USD only accounts for 20% of FX reserves) ➢ Domestic payment system relies on is own payment cards (MIR) and not on Visa/Mastercards ➢ Russia has its own version of SWIFT-like system • Cutting off Russian banks from international payment system will be very painful to Russia, but the costs could spill over into commodity markets. 6

Russia is a Major Commodity Producers 7

Views on Commodities 1. Small chance of sanction on Russia’s oil export, as it is a lose- 1. Effective diversifiers to geopolitical lose situation for both Russia risk (rank 1 safe haven asset) (damaged budget) and NATO 2. As US getting more involved in the war, demand for gold will be (severe inflation rate); stronger 2. However, oil price will continue to Gold be high as current extreme gas Oil price will continue translate to gas- to-oil substitution 1. Delayed supply from Nord Stream 2 Ukraine’s shares of global export project may push gas prices until ranges between 10 and 25% early 2023. Corn & Wheat 2. Russia represents 22% of European Gas gas supplies, and EU contributes to Metals (copper, nickel, aluminium): 85% of Russia gas export; hence Supply disruption not only from small chance that Russia suddenly Russia export issue, but also from stops gas supply to the EU margin pressure in EU factories due to rising energy prices Metals 8

Commodities Prices Surging Higher (1) Agriculture 2022 YTD Performance Industrial Metals Metals Prices in USD YTD Agriculture Prices in USD YTD 01-Jan-22 25-Jan-22 01-Jan-22 25-Jan-22 Palladium 26,89% Aluminium 1.826,00 2.363,70 29,45% Palm Oil 1.260,50 1.599,50 12,38% Nickel 22,31% Platinum 2.839,00 3.357,50 18,26% Grains 41,69 46,85 10,49% Steel 11,92% Iron Ore 21.137,00 24.361,00 15,25% US Soy Bean Oil 56,21 68,75 12,54% 954,00 1.050,10 10,07% Agriculture Index 443,09 489,58 9 689,00 739,00 7,26% Corn 589,25 659,50 116,00 135,50 16,81% Wheat 7,58 8,53 Source: Investing.com; Tradingeconomics, Macrotrends

Commodities Prices Surging Higher (2) Resilient demand, depleting inventory, structural under-investment and rising geopolitical risk (Russia – Ukraine) have all been contributing factors. While demand was the prevailing driver of oil prices early in the Covid crisis, supply considerations have now become the stronger marginal driver of oil both currently and looking ahead in 2022. Brent Oil 2022 Performance (USD) WTI Oil 2022 Performance (USD) 97,79 95,20 78,98 76,08 03/01/2022 YTD: 23,82% 28/02/2022 03/01/2022 YTD: 25,13% 28/02/2022 31/01/2022 31/01/2022 Brent Spot (Feb 25) Q1-2022 Q2-2022 Q3-2022 Q4-2022 Source: Bloomberg and Investing.com WTI $97,79 $96 $102 $87 $108 $95,20 $93 $99 $84 $105 10

Supply Side Shock for Economies Russian military action and Western sanctions would largely constitute a supply side shock, rather than demand, for the European and global economy. While higher energy prices would be the most immediate transmission channel, the negative knock-on effect to consumer demand would follow. Channels of contagion for supply ➢ Russia restraining exports as a diplomatic tools. ➢ Western embargoes and sanctions ➢ Damage to infrastructures (i.e., pipelines) Commodities most vulnerable to supply shocks ➢ Russia account for approximately 40% of European natural gas ➢ Russia is the world’s 3rd largest oil producer, accounting for >10% of global production ➢ Russia and Ukraine account for 25% of global wheat exports ➢ Russia is the world’s largest exporter of fertilizers ➢ Russia is the world’s largest exporter of palladium, critical for the global auto sector ➢ Russia is highly dependent on the West for technology, semiconductors and oil equipment. Source: Capital Economist 11

Indonesia’s Inflation Rate Sensitivity to Oil Price Increase: +USD 10/bbl → +40 bps inflation 12

Immediate Impact to Global Market as of Feb 25th 13

Still Long Way to Go for Stock Market * ERP: Equity Risk Premium over risk-free assets (Government Bonds); higher ERP means depressed stock prices 14

Global Investors Start Risk-Off Mode RISK Appetite Indicator (GSRAII) Source: Goldman Sachs Global Investment Research 15

Historically, RAI Level below -1.5 was followed by quick rebound in stock index Source: Bloomberg, Goldman Sachs Global Investment Research 16

What’s Next? Potential Inflow to Equity Market in: Australia, Thailand, India, Malaysia & Indonesia 17

Summary on Impact to Indonesia Positive Impact (+) Negative Impact (-) • Strong commodity prices to • High oil & soft commodities support GDP recovery price may translate to higher than expected inflation rate • Relative of other countries, (above 4%) Indonesia may expect to see strong capital inflow due to its • The magnitude and speed of economic structure that relies 7DRRR rate hike may on commodity and minimum increase/accelerate negative impact from Eastern Europe tension Rupiah may see higher volatility but relatively more resilient than most other currencies 18

Thank You PT. Bank Negara Indonesia (Persero) Tbk.

APPENDIX 20

Dampak Konflik Rusia & Ukraina Ketegangan geopolitik antara Rusia vs Ukraina mengerek Dampak negatif apabila Konflik Rusia vs Ukraina berkepanjangan: harga minyak dunia mendekati level psikologis US$100 per ▪ Reaksi negatif pasar tercermin dari penurunan indeks harga saham global. barrel, serta kenaikan harga komoditas penting lainnya, ▪ Lonjakan harga energi mendorong peningkatan inflasi global. The FED diperkirakan akan mempercepat kenaikan suku seperti: batu bara dan CPO. bunga acuan dari semula semester II-2022 menjadi semester I-2022, seiring tingkat inflasi Amerika Serikat Januari 2022 Harga Komoditas Global telah mencapai 7,3% atau tertinggi sejak Februari tahun 1982. ▪ Kenaikan Fed Fund Rate (FFR) akan memicu aliran modal keluar dari emerging markets (termasuk arus dana keluar dari 2019 - Feb 2022 6.520 pasar Indonesia). ▪ Mengingat Indonesia net importir minyak maka defisit neraca dagang minyak akan meningkat. Kebutuhan anggaran 300,0 7.000 subsidi minyak pada APBN turut membengkak. Demikian pula outstanding dan kebutuhan pembayaran cicilan Utang Luar 250,0 Negeri Indonesia juga ikut meningkat akibat depresiasi nilai tukar Rupiah terhadap Dollar AS. 5.026 274,5 ▪ Tren peningkatan inflasi domestik yang terjadi sejak Juni 2021 akibat kenaikan permintaan melebihi pasokan akan 4.672 6.000 berlanjut di tahun 2022 diiringi kenaikan harga energi dan depresiasi nilai tukar Rupiah. ▪ Untuk menjaga stabilitas nilai tukar (menekan lonjakan inflasi dan depresiasi nilai tukar Rupiah), Bank Indonesia 200,0 203,9 2225,7.000 diperkirakan akan mengambil kebijakan pro stability, antara lain melalui kenaikan GWM dan BI-7DRR. Dampaknya, suku 150,0 bunga perbankan akan meningkat. Bunga kredit naik, risiko kredit meningkat. Selanjutnya dikhawatirkan para pengusaha 100,0 2.227 4.000 akan menahan laju ekspansi bisnisnya di tengah masih terjadinya ancaman virus Covid-19 dan perekonomian yang belum solid. 83,6 96,5 86,5 3.000 Dampak positif kepada perekonomian domestik: ▪ Harga minyak mendorong kenaikan harga komoditas lain, seperti batubara dan CPO yang menjadi produk andalan 2.000 ekspor Indonesia. Nilai ekspor Indonesia melanjutkan tren peningkatan sejak tahun 2021 seiring peningkatan 50,0 63,3 66,2 1.000 permintaan dari negara-negara mitra dagang dan kenaikan harga komoditas batu bara & CPO. - 33,0 - ▪ Surplus Neraca Perdagangan Non Migas akan berlanjut di tahun 2022 sehingga meningkatkan cadangan devisa dan dapat menahan tekanan depresiasi mata uang Rupiah terhadap Dollar AS. Batu bara (US$/MT) Minyak (US$/Barrel) ▪ Dari segi APBN 2022, penerimaan pajak dari aktivitas ekspor akan meningkat sehingga mempersempit defisit APBN yang melebar akibat membengkaknya subsidi dan cicilan utang Pemerintah. Sumber: BNI MEIU Januari 2022 dan ▪ Perlambatan pertumbuhan kredit perbankan tertahan oleh munculnya permintaan kredit dari para eksportir terutama Tradingeconomics 1 Maret 2022 berbasis komoditas. Hal ini menguntungkan bagi pemulihan ekonomi Indonesia 2022. 21

Ekspor-Impor Neraca Perdagangan konsisten mengalami surplus sejak Maret 2020, ditopang oleh surplus neraca non-migas. Surplus neraca perdagangan tahun 2021 sebesar US$35,34 miliar. Description Pertumbuhan Ekspor Impor Indonesia, 2020 – 2021 (USD Miliar) CHANGE 2020 2021 (%) (%) yoy JAN MAR JUN SEP DES FY JAN FEB MAR APR MEI JUN JUL AGS SEP OKT NOV DES FY mtm DES E X P O R T 13.63 14.06 12.01 13.96 16.54 163.19 15.29 15.26 18.36 18.48 16.60 18.54 17.70 21.43 20.60 22.03 22.84 22.37 231.54 -2.06 35.25 - OIL & GAS 0.82 0.65 0.57 0.67 1.02 8.25 0.88 0.86 0.91 0.96 0.94 1.23 0.99 1.07 0.93 1.03 1.33 1.09 12.28 -18.05 6.86 - NON OIL & GAS 12.81 13.41 11.44 13.29 15.52 154.94 14.41 14.40 17.45 17.52 15.66 17.31 16.71 20.36 19.67 21.00 21.51 21.28 219.26 -1.07 37.11 I M P O R T 14.27 13.36 10.76 11.57 14.44 141.57 13.33 13.26 16.79 16.28 14.23 17.23 15.12 16.68 16.24 16.30 19.31 21.36 196.20 10.62 47.92 - OIL & GAS 1.99 1.61 0.68 1.17 1.48 14.26 1.55 1.30 2.28 2.02 2.06 2.30 1.79 2.05 1.87 1.90 3.01 3.38 25.53 12.29 128.38 - NON OIL & GAS 12.28 11.75 10.08 10.40 12.96 127.31 11.78 11.96 14.51 14.26 12.17 14.93 13.33 14.63 14.37 14.40 16.30 17.98 170.67 10.31 38.73 BALANCE -0.64 0.70 1.25 2.39 2.10 21.62 1.96 2.00 1.57 2.20 2.37 1.31 2.58 4.75 4.36 5.73 3.53 1.01 35.34 -71.39 -51.90 - OIL & GAS -1.17 -0.96 -0.11 -0.50 -0.46 -6.01 -0.67 -0.44 -1.37 -1.06 -1.12 -1.07 -0.80 -0.98 -0.94 -0.87 -1.68 -2.29 -13.25 36.31 397.83 - NON OIL & GAS 0.53 1.66 1.36 2.89 2.56 27.63 2.63 2.44 2.94 3.26 3.49 2.38 3.38 5.73 5.30 6.60 5.21 3.30 48.59 -36.66 28.91 Sumber: BPS, diolah oleh Bagian Statistik COE 22

Ekspor Non Migas Tiongkok, AS dan Jepang Masih Menjadi Pasar Utama Ekspor Non Migas Indonesia Tujuan Negara Ekspor Non Migas (USD Miliar) Negara 2018 2019 JAN-DES GROWTH (%) Peran (%) ▪ Ekspor nonmigas dengan tujuan Tiongkok masih 2020 2021 Jan-Des 2021 mendominasi, tercatat US$51,1 miliar sepanjang tahun 2021 dengan pangsa sebesar 23.31% dari TIONGKOK 24.4 25.9 29.9 51.1 70.71 23.31 total nilai ekspor nomigas. Disusul dengan tujuan AMERIKA SERIKAT 17.7 17.7 18.6 25.8 38.42 11.75 negara Amerika Serikat dengan pencapaian sebesar JEPANG 16.3 13.8 12.9 16.9 30.98 7.70 US$25,8 miliar atau 11.75% dan Jepang dengan INDIA 13.7 11.7 10.2 13.1 28.30 5.96 US$16,9 miliar atau 7.70% dari ekspor nonmigas MALAYSIA 7.8 7.6 7.0 10.6 52.61 4.85 tahun 2021. SINGAPURA 9.0 9.1 8.5 8.1 -5.13 3.69 KOREA SELATAN 7.5 6.1 5.6 8.0 41.84 3.63 TAIWAN 3.7 3.8 3.7 6.4 70.71 2.90 THAILAND 5.7 5.5 4.5 5.9 29.30 2.68 BELANDA 3.8 3.0 3.1 4.5 48.23 2.07 AUSTRALIA 2.2 2.1 2.4 3.0 24.01 1.37 JERMAN 2.7 2.4 2.5 2.9 18.46 1.33 ITALIA 1.9 1.7 1.7 2.8 59.91 1.27 TOTAL 13 NEGARA TUJUAN 116.3 110.2 110.7 160.0 44.53 72.50 Sumber: BPS, diolah oleh Bagian LAINNYA 46.3 44.7 44.3 60.3 36.23 27.50 Statistik COE TOTAL NON MIGAS 162.6 154.9 154.9 220.3 42.16 100.00 23

Negara Asal Impor Barang Nilai Impor Menurut Negara Asal Utama (Nilai CIF: juta US$), 2018-2020 Negara Asal 2018 2019 2020 2018 2019 2020 ▪ Impor barang terbesar berasal dari Tiongkok dengan kontribusi antara 24% – 28%. Dan dalam tren share ASIA 140 955,7 128 999,0 103 825,3 74,7% 75,3% 73,3% meningkat sejak 2018. ASEAN 45 978,7 39 791,3 29 832,8 24,4% 23,2% 21,1% Thailand 10 952,8 9 469,1 6 483,8 5,8% 5,5% 4,6% ▪ ASEAN menempati posisi kedua setelah Tiongkok sebagai Singapura 21 439,5 17 589,8 12 341,2 11,4% 10,3% 8,7% negara asal impor barang, dengan tren share menurun sejak Filipina 958,4 821,9 592,0 0,5% 0,5% 0,4% 2018. Kontribusi sebesar antara 21% – 24,5%. Malaysia 8 603,0 7 775,3 6 933,0 4,6% 4,5% 4,9% Myanmar 151,6 182,7 187,2 0,1% 0,1% 0,1% ▪ Kontribusi impor barang paling kecil berasal dari Afrika Kamboja 33,0 42,6 47,4 0,0% 0,0% 0,0% dengan tren menurun sejak 2018, yaitu antara 1% - 3,5%. Brunei Darussalam 20,1 30,6 75,3 0,0% 0,0% 0,1% Laos 25,7 31,1 42,3 0,0% 0,0% 0,0% ▪ Kontribusi Impor Barang dari Eropa sebesar 9% – 10%. Vietnam 3 794,6 3 848,2 3 130,6 2,0% 2,2% 2,2% Asia Lainnya Jepang 17 976,7 15 661,8 10 672,1 9,5% 9,1% 7,5% Tiongkok2 45 537,8 44 930,6 39 634,7 24,1% 26,2% 28,0% Korea Selatan 4,8% 4,9% 4,8% Lainnya 9 088,9 8 421,3 6 849,4 11,9% 11,8% 11,9% 22 373,6 20 194,0 16 836,3 AFRIKA 3,4% 2,4% 1,8% 6 359,6 4 086,1 2 566,0 AUSTRALIA & OCEANIA 3,6% 3,8% 3,9% Australia 6 874,0 6 487,8 5 561,6 3,1% 3,2% 3,3% Selandia Baru 5 825,5 5 515,3 4 646,6 0,4% 0,4% 0,5% Oceania Lainnya 0,1% 0,1% 0,1% 808,5 763,6 757,0 AMERIKA 240,0 208,9 158,0 8,5% 9,2% 10,8% NAFTA 6,5% 6,6% 7,4% Amerika Serikat 16 124,2 15 714,2 15 358,5 5,4% 5,4% 6,1% Kanada 12 304,3 11 366,0 10 465,1 1,0% 1,1% 1,1% Meksiko 10 176,2 0,2% 0,2% 0,2% Amerika Lainnya 9 261,6 8 580,2 2,0% 2,5% 3,5% 1 840,8 1 838,7 1 615,5 EROPA 287,3 9,7% 9,3% 10,1% Sumber: Uni Eropa 3 265,7 269,4 7,5% 7,3% 7,2% BPS & Bisnis Indonesia 25 Februari 2022 Belanda 3 819,9 4 348,2 4 893,4 0,7% 0,5% 0,6% Perancis 0,9% 0,8% 1,0% Jerman 18 397,8 15 988,6 14 257,4 2,1% 2,0% 2,1% Austria 14 150,0 12 500,9 10 184,8 0,2% 0,1% 0,2% Belgia 0,3% 0,4% 0,4% Denmark 1 239,3 832,0 804,3 0,1% 0,1% 0,1% Swedia 1 655,3 1 424,3 1 358,4 0,4% 0,3% 0,3% Finlandia 3 973,0 3 476,5 3 023,9 0,4% 0,3% 0,2% Irlandia 0,1% 0,1% 0,1% Italia 382,0 255,2 289,1 1,0% 1,0% 1,1% Spanyol 603,4 633,6 526,0 0,4% 0,4% 0,3% Inggris 202,5 204,8 161,6 0,6% 0,6% 0,7% Uni Eropa Lainnya 705,1 562,5 435,1 1,1% 1,2% 0,8% Eropa Lainnya 663,3 506,8 334,3 2,3% 2,0% 2,9% 160,3 149,3 133,5 Jumlah 1 840,3 1 776,6 1 556,8 100,0% 100,0% 100,0% 24 681,5 614,6 456,8 1 212,5 1 048,0 1 048,0 2 044,0 2 064,7 1 105,0 4 247,8 3 487,7 4 072,6 188 711,3 171 275,7 141 568,8

Neraca Perdagangan Beberapa Negara Neraca Perdagangan beberapa Negara (Juta US$) Negara Neraca Export Import Ekspor Impor Neraca Perdagangan 2020 Amerika Serikat 2019 2021 2019 2020 2021 2019 2020 2021 Arab Saudi 18622.50 Australia 17844.60 1338.80 25774.20 9261.60 8580.20 11249.20 8583.00 10042.40 14525.00 Bangladesh 1503.20 2505.70 1583.60 3567.70 2613.50 3967.10 -2064.60 -1274.70 -2383.50 Belanda 2328.60 1684.50 3223.00 5515.30 4646.60 9425.00 -3186.70 -2140.80 -6202.00 Belgia 1913.80 3113.70 2923.10 108.20 1817.70 1607.90 2814.90 Brazil 3205.00 1220.40 4631.60 96.10 76.60 846.10 2372.90 2309.40 3785.50 Cina/Tiongkok 1075.70 1015.20 1630.90 832.00 804.30 767.80 Denmark 1002.60 1509.70 633.60 526.00 2621.50 442.10 694.40 863.10 27961.90 31781.80 53781.90 1940.40 2560.80 -937.70 -1545.60 -1111.80 Federasi Rusia 163.90 44930.60 39634.70 56227.20 -16968.70 -7852.90 -2445.30 195.30 201.90 204.80 161.60 205.30 Filipina 973,5 -9.40 2.30 -3.40 Finlandia 864,1 Hongkong 5900.70 1.493,6 1.204,5 957,9 1.253,8 (340,4 ) 15,7 239,8 India 6770.10 60.80 Indonesia 76.60 8603.70 821.90 592.00 1273.30 5948.20 5308.70 7330.40 Inggris 2034.90 85.50 506.80 334.30 390.40 -430.20 -273.50 -304.90 Italia 2501.70 10394.50 3226.00 2747.20 2878.50 -724.30 -712.30 -815.40 Jepang 11823.50 2063.10 4295.70 3764.30 7668.30 7527.80 6630.20 5621.10 Jerman 0.00 13289.40 96.60 47.50 59.30 -96.60 -59.30 Kamboja 0.00 1283.40 1048.60 956.40 1090.70 302.90 -47.50 385.20 Kanada 1351.50 1746.20 0.00 1776.60 1556.80 1728.30 -27.30 327.00 1064.00 Kazakstan 1749.30 13664.70 1475.90 15661.80 10672.10 14644.30 -341.40 189.50 3211.10 Korea Selatan 16003.30 2456.30 2792.30 3476.50 3023.90 3187.60 -1070.80 -2992.70 -277.70 Kuwait 2405.80 541.30 17855.40 42.60 47.40 49.30 575.90 -567.60 481.80 Malaysia 789.10 2909.90 1838.70 1615.50 2054.00 -980.50 493.90 -992.40 Meksiko 618.50 141.80 130.10 277.90 -826.30 -264.60 Mesir 858.20 19.80 531.10 8421.30 6849.40 9427.20 65.30 -110.30 -446.70 Myanmar 207.10 6507.60 1061.60 308.30 291.90 266.80 -1186.90 -341.80 -138.10 Nigeria 7234.40 149.00 7775.30 6933.00 9451.00 -142.90 2555.50 Norwegia 196.50 8098.80 13.30 265.70 269.50 307.30 -111.70 1165.70 994.80 Pakistan 8801.80 936.50 8980.50 135.40 128.30 212.20 1026.50 667.00 1441.20 Perancis 939.30 1055.80 182.70 187.20 165.90 673.60 927.50 956.40 Singapura 1012.80 1031.90 128.70 1917.80 830.70 2047.40 877.40 844.60 -1583.10 Sri Lanka 875.60 371.00 12006.50 198.50 177.60 223.40 692.90 -459.80 -169.80 Swedia 424.30 1302.10 378.00 194.90 185.50 -1493.60 -123.90 3626.00 Thailand 87.50 53.60 1653.40 1424.30 1358.40 1275.60 -111.00 2191.20 -270.80 Venezuela 1944.00 2386.10 1122.30 17589.90 12341.20 15451.70 1566.10 -442.20 -3817.60 Vietnam 1013.30 916.30 40.30 26.60 53.30 -411.10 -1679.40 326.60 12916.70 10661.90 464.30 562.50 435.10 560.30 -4673.10 239.30 -318.70 321.40 266.00 53.60 9469.10 6483.80 9146.50 281.10 -262.80 -2056.20 155.70 172.30 3811.50 11.40 13.80 -406.80 -1373.50 6218.40 5110.30 1004.80 6.00 3130.60 4213.00 -3250.70 9.10 10.70 11634.10 3848.20 2.60 2638.30 5153.40 14.10 379.90 4.70 1810.80 4941.40 241.60 1305.20 7090.30 22.90 6851.30 Amerika Serikat: Termasuk perdagangan dengan Kepulauan Virgin dan Puerto Rico tetapi tidak termasuk pengiriman barang diantara Amerika Serikat dan wilayah lainnya (Guam dan American Samoa). Termasuk ekspor dan impor emas non moneterIndia: Tidak termasuk barang-barang keperluan militer, material tak 25 tampak, bunker, kapal dan peralatan pesawatIndonesia: Data bersumber dari BPSKanada & Meksiko: Impor dalam FOBMeksiko: Termasuk barang setengah jadi yang dimakloonkan melewati batas negara, tidak termasuk kawasan berikat. Total ekspor termasuk nilai evaluasi kembali dan ekspor perakMesir: Impor tidak termasuk pengiriman minyak mentah yang nilainya tidak tetap, sedangkan ekspor meliputi ekspor dalam wilayah domestik. Sebelum 2008 merupakan perdadangan khususSumber: UN: Monthly Bulletin of Statistics (untuk data tahun 2010-2014 Issue No. 1125. Vol. LXIX. No. 3 March 2015)Data Dikutip dari Statistik Indonesia Source Url: https://www.bps.go.id/indicator/8/336/1/neraca-perdagangan-beberapa-negara.html Access Time: March 1, 2022, 5:55 am

Kronologi Konflik Rusia-Ukraina Tuntutan Rusia kepada NATO menghentikan semua aktivitas militer di Eropa Timur dan tidak menerima Ukraina serta negara-negara bekas Soviet lainnya sebagai anggota NATO. 26