Indonesia books $3.45 billion trade surplus in January after weak imports
FILE PHOTO: Workers are seen on a ship carrying containers at Tanjung Priok Port in Jakarta, Indonesia, January 11, 2021. Picture taken January 11, 2021. REUTERS/Willy Kurniawan/File Photo
JAKARTA : Indonesia booked a $3.45 billion merchandise trade surplus in January, bigger than expected, amid surprisingly weak imports, official data showed on Monday.
A Reuters poll of analysts had expected a surplus of $1.91 billion for January.
Imports last month were worth $18 billion, down 2.67 per cent from the same month a year earlier, in contrast with analysts' forecast of a 9.95 per cent growth.
Exports rose 4.68 per cent on an annual basis in January to $21.45 billion, compared with 6.99 per cent growth expected in the poll.
Source: Reuters
