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Indonesia's Jan trade surplus at $1.96 bln, bigger than expected


Senin, 15 Februari 2021 / 11:50 WIB
Indonesia's Jan trade surplus at $1.96 bln, bigger than expected
ILUSTRASI. Trade balance

Sumber: Reuters | Editor: Yudho Winarto

KONTAN.CO.ID - JAKARTA. Indonesia posted a bigger-than-expected $1.96 billion trade surplus in January as exports surged while imports remained weak amid measures to contain the spread of the coronavirus, data from the statistics bureau showed on Monday.

A Reuters poll had expected a $1.68 billion surplus.

Baca Juga: Indonesia's December exports beat forecast, 2020 trade surplus highest in 9 years

Exports rose 12.24% on a yearly basis to $15.30 billion, compared with the poll's forecast of a 13.59% increase, on rising shipments of the country's top commodities such as palm oil, coal and copper.

Imports were down 6.49% on a yearly basis to $13.34 billion, versus a 2.77% fall expected in the poll.




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