JAKARTA. The balance of trade recorded a surplus, while the value rises than in previous year. According to the Central Statistics Agency (BPS), the surplus in balance of trade has increased from US$ 7.67 billion in 2015 to US$ 8.78 billion in 2016. BPS’ data show that the value of exports in 2016 reached US $ 144.43 billion, down by 3.93% than the previous year. For comparison, the value of exports in 2015 fell by 14.62% compared with 2014.
Reading balance of trade with vigilance
JAKARTA. The balance of trade recorded a surplus, while the value rises than in previous year. According to the Central Statistics Agency (BPS), the surplus in balance of trade has increased from US$ 7.67 billion in 2015 to US$ 8.78 billion in 2016. BPS’ data show that the value of exports in 2016 reached US $ 144.43 billion, down by 3.93% than the previous year. For comparison, the value of exports in 2015 fell by 14.62% compared with 2014.