Indonesia records $3.61bn trade surplus in October

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Joko Widodo

Indonesia’s Central Statistics Agency (BPS) on Monday announced that the country recorded a 3.61-billion-dollar trade balance surplus in October 2020

According to the agency, the amount is higher than 2.44 billion dollars recorded in September 2020.

The country recorded a total of 14.39-billion-dollar exports in October, a 3.09 per cent increase month-to-month, while the total imports fell by 3.29 per cent to 10.78 billion dollars.

October’s export performance was contributed by non-oil and non-gas exports valued at 13.76 billion dollars, an increase by 3.54 per cent.

Meanwhile, oil and gas exports were valued at 630 million dollars, down by 5.94 per cent from the figures in the previous month.

The increase in non-oil and non-gas exports was supported by agriculture and industry exports whose value rose by 1.26 per cent to 420 million dollars.

The manufacturing industry exports that increased by 2.08 per cent to 11.79 billion dollars, and the mining industry exports which grew by 16.98 per cent to 1.55 billion dollars. (Xinhua/NAN)

– Nov. 16, 2020 @ 13:59 GMT |

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