Indonesia trade surplus expands to US$670m in April
JAKARTA (TheInsiderStories) – Indonesia posted trade surplus of US$670 million in April, improved from a surplus of US$497 million March, mainly due to a decline in imports.
Data issued by the Central Bureau of Statistics (BPS) showed on Monday that Indonesia posted exports of US$11.45 billion, compared to US$11.793 billion in April. Indonesia’s exports in April declined 3.07 percent from March and declined 12.65 percent from April 2015.
Non oil and gas exports reached US$10.56 billion, declined 0.10 percent from March 2016, and declined by 9.32 percent from April 2015.
BPS said imports in April reached US$10.78 million, fell 4.62 percent from US$11.296 billion in March and declined by 14.62 percent in April 2015.
Cumulatively, Indonesia’s January-April exports reached US$45.05 billion, down 13.63% from the same period last year, while January-April non-oil and gas exports reached US$40.7 billion, or declined by 9.45 percent from a year earlier.
Imports in the January-April reached US$42.72 billion, fell 13.44 percent from the same period in April. Oil and gas imports in the first four month reached US$5.26 billion, dropped 37.7 percent and non oil and gas imports reached US$37.47 billion, down 8.44 percent.
Non-oil and gas exports to US was the largest in April amounting to US$1.34 billion, followed by China at US$1.05 billion and Japan US$0.95 billion, while the contribution of the three countries reached 31.66 percent of total exports. (*)
The post Indonesia trade surplus expands to US$670m in April appeared first on The Insider Stories.
Source: The Insiderstories
Indonesia trade surplus expands to US0m in April