Latest News

Indonesia Trade Surplus Rises In April

0

Read more

Indonesia’s trade surplus increased notably in April from a year ago, as exports grew much faster than imports, preliminary figures from Statistics Indonesia showed on Tuesday.

The trade surplus rose to $7.56 billion in April from $2.29 billion in the corresponding month last year. Economists had forecast a surplus of $3.25 billion.

In March, the surplus was $4.54 billion.

Exports surged 47.76 percent annually in April, beating economists’ forecast for an increase of 35.97 percent.

Imports climbed 21.97 percent in April from a year ago. The expected rate of rise was 34.97 percent.

On a monthly basis, exports rose 3.11 percent in April, while imports dropped 10.01 percent.

Non-oil and gas exports alone grew 47.70 percent annually and 3.17 percent monthly in April.

Putin Sets Russians on Wild Hunt for Dollars in Black Market

Previous article

Troubled EV Maker Lordstown Motors’ Survival Hopes Rests On Fresh Funds, Valuation

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News