JAKARTA. Indonesia’s trade surplus in May was up by 23.6 percent to $470 million from $380 million in the same month last year, the Central Statistics Agency (BPS) announced on Thursday. The surplus was pushed by a 7.62 percent rise in exports to $14.29 billion in May from $11.52 billion in April. Meanwhile, imports also increased, but only to $13.82 billion, or 16.49 percent from $12 billion in April. “[Indonesia’s] export performance in May was very good, thanks to increases in both oil-and-gas and non-oil-and-gas commodities,” BPS social statistic director M Sairi Hasbullah told reporters, adding that imports were also up due to public preparation for Idul Fitri.
Trade surplus up by 23.6 percent in May
JAKARTA. Indonesia’s trade surplus in May was up by 23.6 percent to $470 million from $380 million in the same month last year, the Central Statistics Agency (BPS) announced on Thursday. The surplus was pushed by a 7.62 percent rise in exports to $14.29 billion in May from $11.52 billion in April. Meanwhile, imports also increased, but only to $13.82 billion, or 16.49 percent from $12 billion in April. “[Indonesia’s] export performance in May was very good, thanks to increases in both oil-and-gas and non-oil-and-gas commodities,” BPS social statistic director M Sairi Hasbullah told reporters, adding that imports were also up due to public preparation for Idul Fitri.