JAKARTA (TheInsiderStories) – Indonesia recorded trade surplus of US$1.21 billion in October, similar from surplus of $1.21 billion in September, attributable to lower exports.
Data issued by the Central Bureau of Statistics (BPS) showed that Indonesia posted exports of $12.68 billion in October, fell o.11 percent from $12.57 billion in September and down 4.62 percent from October last year $12.12 billion.
Non-oil and gas exports in October 2016 reached $11.65 billion, rose 1.21 percent from September $11.51 billion, and jumped 11.27 percent from the same month last year $10.47 billion.
Cumulatively, Indonesia’s January-October exports reached US$117.09 billion, fell 5.71 percent from the same period of last year $127.33 billion, while cumulative non-oil and gas reached $106.37 billion, up 4.64 percent from a year ago.
BPS said imports in October reached $12.40 billion, jumped 26.28 percent from September amounted to $11.73 billion and rose 5.53 percent from October 2015 $11.75 billion.
Non-oil and gas imports in October amounted to $8.69 billion or down 27.91 percent compared to September, which amounted to $8.26 billion.
Oil and gas imports in October 2016 reached $3.7o billion or fell 18.68 percent from September $4.55 billion and fell 4.14 percent from the same period last year $3.86 billion.
Cumulatively, imports in January-July amounted to $126.24 billion, rose 4.49 percent from the same period last year $120.81 billion. This comprises of cumulative oil and gas exports reached $40.34 billion and non-oil and gas imports amounted to $40.26 billion.