empty
 
 

2020.08.1807:14:00UTC+00Indonesia Trade Balance Swings To Surplus In July

Indonesia's trade balance swung to surplus in July as imports logged a sharp decline from last year, figures from Statistics Indonesia showed on Monday.

Exports declined 9.90 percent year-on-year in July. Economists had expected a decline of 16.65 percent.

Imports fell 32.55 percent annually in July. Economists had forecast a decrease of 22.48 percent.

On a monthly basis, exports grew 14.33 percent, while imports decreased 2.73 percent in July.

The trade balance registered a surplus of $3.26 billion in July versus a deficit of $280.1 million in the last year. Economists had expected a surplus of $0.68 billion. In June, the trade surplus was about $1.25 billion.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback