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Imports Increase 4%, Trade Deficit Reaches US$1.3M

Dwi Hadya Jayani 16/12/2019 17:25 WIB

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From January to November 2019, the total trade deficit reached US$3.1 billion.

Indonesia's Exports, Imports, and Balance of Trade

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Imports Increase 4%, Trade Deficit Reaches US$1.3M

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Indonesia's Exports, Imports, and Balance of Trade

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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.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Imports Increase 4%, Trade Deficit Reaches US$1.3M

Imports Increase 4%, Trade Deficit Reaches US$1.3M

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Imports Increase 4%, Trade Deficit Reaches US$1.3M

Imports Increase 4%, Trade Deficit Reaches US$1.3M

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