Indonesia's Central Bureau of Statistics (BPS) recorded a 6.17% decrease in exports in November 2019, reaching US$14 billion. Meanwhile, imports increased by 3.93% to US$15.3 billion, up from US$14.8 billion the previous month. As a result, the trade balance experienced a deficit of US$1.3 billion, compared to a surplus of US$172.5 million the previous month.
The same trend is observed cumulatively from January to November 2019. Indonesia's trade balance recorded a deficit of US$3.1 billion. Imports from January to November 2019 exceeded exports, reaching US$156.2 billion and US$153.1 billion respectively.
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