Macroeconomics

Indonesia's Exports, Imports Beat Forecasts, Trade Surplus Less than Expected

November 15, 2024, 10.34 AM | Source: Reuters
Indonesia's Exports, Imports Beat Forecasts, Trade Surplus Less than Expected

ILUSTRASI. Indonesia reported stronger-than-expected export and import growth in October, amid strong agriculture shipments, official data showed on Friday. ANTARA FOTO/Andri Saputra/nz.

TRADE BALANCE - JAKARTA. Indonesia reported stronger-than-expected export and import growth in October, amid strong agriculture shipments, official data showed on Friday.

However, its trade surplus shrank to a three-month low of $2.47 billion. A Reuters poll of analysts had expected a surplus of $3.05 billion versus a revised $3.23 billion in September.

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