Monday, March 27, 2017

Indonesia records trade surplus of $1.32B in February

Photo by Adaro Indonesia

JAKARTA (TheIndsiderStories) - Indonesia recorded exports of US$12.57 billion in February 2017 and imports of US$11.26 billion, the Central Bureau of Statistic (BPS) announced on Wednesday.

This leads to trade surplus of US$1.32 billion.

The exports in the month was 6.17% lower than in previous month, but higher 11.6% from the same month last year.

The imports in February was 6.21% lower than in previous month but up 11.55% in February 2016.

The exports in Jan-Feb reached US$25.98 billion, while non oil and gas exports reached US$23.51 billion, up 20.1% from the same period last year.

china was the largest export destination worth US$1.36 billion, followed by US (US1.36 billion), and India (US$1.02 billion).