Indonesia's trade balance in August posts US$2.33 billion surplus: BPS
Jakarta, Sept. 15 -- The Central Statistics Agency (BPS) revealed that Indonesia's trade balance in August 2020 experienced a surplus of US$2.33 billion, with an export value of $13.16 billion and imports at $10.74 billion.
"This surplus is still much higher than the trade balance position in August 2019, which during that time was a surplus of US$92.6 million. Hence, we are optimistic that in future, the economy would improve, our surplus would increase, and the economy would recover," Head of BPS Suhariyanto stated at a press conference broadcast virtually in Jakarta, Tuesday.
Suhariyanto explained that in August 220, Indonesia's trade balance recorded a surplus with several countries, of $1 billion with the United States, with clothi...
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