Indonesia posts 42nd monthly trade surplus at 3.48 bln USD in October-Xinhua

Indonesia posts 42nd monthly trade surplus at 3.48 bln USD in October

Source: Xinhua| 2023-11-15 18:36:15|Editor: huaxia

JAKARTA, Nov. 15 (Xinhua) -- Indonesia's trade surplus reached 3.48 billion U.S. dollars in October, marking the 42nd consecutive month in trade surplus, showed data released by Statistics Indonesia BPS on Wednesday.

"In October, the trade surplus from the non-oil and gas sector, which amounts to 5.31 billion dollars, was lessened by the deficit of 1.83 billion dollars in the oil and gas sector," deputy for distribution and service statistics Pudji Ismartini told a press conference.

Although down 10.43 percent compared to October last year, the export value in October was 22.15 billion dollars, up 6.76 percent from the previous month.

The import value was recorded at 18.67 billion dollars in October, up 7.68 percent from September, and down 2.42 percent from a year earlier.

From January to October, China accounted for 25.42 percent of Indonesia's non-oil and gas exports, followed by the United States with 9.55 percent, and India with 8.17 percent, showed the BPS data.

Meanwhile, the top three countries for non-oil and gas imports to the Southeast Asian country were China, Japan and Thailand, taking up 33.09 percent, 9.02 percent and 5.55 percent, respectively.

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