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Financial News: Indonesia Trade Surplus Rises In August

Indonesia Trade Surplus Rises In August

09/15/2021 - 01:57:00 (RTTNews)

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

The trade surplus increased to $4.744 billion in August from $2.312 million a year ago. Economists had expected a surplus of $2.36 billion.

In July, the trade surplus was $2.598 billion.

Exports grew 64.1 percent year-on-year in August. Economists had expected a rise of 36.9 percent.

Imports rose 55.26 percent annually in August. Economists had forecast a increase of 45.1 percent.

On a monthly basis, exports increased 20.95 percent and imports grew 10.35 percent in August.

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