Indonesia’s trade surplus in September lower than in August

Indonesia’s trade surplus continued to widen in September despite slower export growth.

This resource-rich country is experiencing an export boom due to high commodity prices, which is helping its economy recover from the effects of the pandemic.

The trade surplus in September was $4.84 billion, lower than the previous month’s $5.76 billion.

Exports increased 27.91% year-on-year, slower than August’s 30.15%, while imports increased 31.48% year-on-year, compared to 32.81% in August.

Indonesia is a major exporter of coal, palm oil, nickel, tin and other commodities.

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