Indonesia’s trade surplus reaches USD 3.12bn in Aug 2023

Indonesia’s trade surplus reached USD 3.12 billion for August 2023, rising from USD 1.31 billion a month earlier, Big News Network.com reported referring to data released by the country’s statistics bureau.

Over the reported month, imports fell by 14.77% to USD 18.88 billion. Crude oil imports declined by 39% on an annual basis.

Furthermore, due to lower prices for the country's top commodities, such as coal, palm oil and natural gas, Indonesia's exports for August dropped by 21.21% from a year earlier to USD 22 billion,  Big News Network.com noted.

The original news article and data contributions have been taken from the EMIS Professional database, which you can learn more about here.

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