Indonesia's Trade Surplus Shrinks in July 2022

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Dzulfiqar Fathur Rahman 16/08/2022 10:50 WIB

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Indonesia's trade surplus in July 2022 reached US$4.23 billion, a 17.86% decrease from the previous month.

Indonesia's Trade Balance Surplus (March–July 2022)

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Indonesia's Trade Surplus Shrinks in July 2022

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Indonesia's Trade Balance Surplus (March–July 2022)

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According to a report by the Central Statistics Agency (BPS), Indonesia recorded a trade surplus of US$4.23 billion in July 2022. This figure is down 17.86% from the previous month.

This decline in surplus occurred in line with a slowdown in exports. Annual growth in Indonesian goods exports in July 2022 fell to 32.03% (yoy), compared to 40.99% (yoy) in June 2022.

Meanwhile, goods imports in July 2022 grew by 39.86% (yoy), higher than the import growth in June 2022, which was 21.98% (yoy).

Editor : Adi Ahdiat

"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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Indonesia's Trade Surplus Shrinks in July 2022

Indonesia's Trade Surplus Shrinks in July 2022

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Indonesia's Trade Surplus Shrinks in July 2022

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