Indonesia’s Trade Surplus Reaches New Record High on the Back of Strong Commodity Exports

The Indonesian Bureau of Statistics reported that Indonesia recorded a record trade surplus of $7.56 billion in April. This was supported by exports of mining, oil and gas products.

Indonesia is the world’s largest exporter of thermal coal, palm oil, nickel, tin and copper. The trade surplus has risen steadily month after month for the past two years.

In March, the surplus was still $4.53 billion.

Exports totaled $27.32 billion, up 47.76% from the previous year.

Imports totaled $19.76 billion in April, up 21.97% from a year earlier.

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