Indonesia-US Trade Balance in August 2020 Shows a US$1 Billion Surplus

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Dwi Hadya Jayani 17/09/2020 10:20 WIB

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Indonesia's Central Bureau of Statistics (BPS) reported a trade surplus with the United States (US) in August 2020, but a deficit with China.

Indonesia's Trade Performance with the United States and China (August 2020)

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Indonesia-US Trade Balance in August 2020 Shows a US$1 Billion Surplus

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Indonesia's Trade Performance with the United States and China (August 2020)

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The Central Statistics Agency (BPS) recorded a trade surplus with the United States (US) in August 2020. Indonesia's exports to the US reached US$1.6 billion, while imports amounted to US$578.8 million, resulting in a surplus of US$1 billion.

In contrast to the US, trade performance with China resulted in a trade deficit. Exports to China totaled US$2.5 billion, while imports reached US$3.4 billion. This resulted in a deficit of US$893.6 million.

Editor : Muhammad Ahsan Ridhoi

"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."