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Financial News: Indonesia Trade Surplus Increases In March

Indonesia Trade Surplus Increases In March

04/15/2021 - 01:37:00 (RTTNews)

(RTTNews) - Indonesia's trade surplus increased in March, figures from Statistics Indonesia showed on Thursday.

The trade surplus rose rose to $1.56 billion in March from $715.7 million a year ago. Economists had expected a surplus of $1.64 billion.

In February, the trade surplus was $1.991 billion.

Exports grew 30.47 percent year-on-year in March. Economists had expected a rise of 11.74 percent.

Imports rose 25.73 percent annually in March. Economists had forecast a increase of 6.0 percent.

On a monthly basis, exports increased 20.31 percent and imports gained 26.55 percent in March.

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