Indonesia Posted Trade Surplus Of Nearly Five Billion USD In Sept

Indonesia recorded a trade surplus of 4.99 billion U.S. dollars in Sept, with an export value of 24.80 billion dollars and an import value of 19.81 billion dollars, Statistics Indonesia (BPS) reported, yesterday.

Non-oil and non-gas commodities still made the largest contribution to the surplus, particularly from mineral fuels, including coal and crude palm oil (CPO).

“The surplus was also contributed by stronger government policies, including the extension of the CPO export zero levy,” the agency’s Deputy for Distribution Statistics and Services, Setianto, said, in a press conference, adding that, exports of manufactures, such as, vehicles and spare parts, also increased during the month.

Setianto pointed out that, non-oil and gas exports to China, the United States and India, remained strong and became the main contributors to Indonesia’s total exports.

He also said that, Indonesia recorded an increase in coal exports to European countries, ahead of the winter season.

 

Source: NAM NEWS NETWORK