Indonesia's Aug exports, imports fall more than expected

September 15, 2020, 01.39 PM
Indonesia's Aug exports, imports fall more than expected

ILUSTRASI. Sepanjang Januari hingga April 2020, arus peti kemas (throughput) di Pelabuhan Tanjung Priok mencapai 2,12 juta TEUs. Angka ini meningkat 550 ribu TEUs dibandingkan bulan sebelumnya.


Source: ReutersEditor: Yudho Winarto

TRADE BALANCE - JAKARTA. Indonesia's exports and imports suffered steeper drops than expected in August, with a trade surplus of $2.33 billion, data from the statistics bureau showed on Tuesday.

Exports were down 8.36% on a yearly basis at $13.07 billion, versus an expected drop of 5.79% in a Reuters poll. The previous month, the annual export contraction had been 9.90%.

Read Also: Japan exports sink again in June, raises economic risks at home and overseas

Imports plunged 24.19%, outstripping the poll's expectation for a fall of 20.58%, but at a slower pace than July's slump of 32.55%.

The poll had forecast an August surplus of $2.16 billion


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