RI enjoys $3.55 B surplus in foreign trade

Jakarta (Antara News) - Indonesia saw a surplus of US$3.55 billion in its foreign trade in August with exports rising to US$9.81 billion and imports standing at US$6.26 billion.

Cumulatively, the country`s trade surplus in the first seven months of 2007 reached US$23.64 billion, Central Bureau of Statistics (BPS) Chief Rusman Heriawan said on Monday.

In the January-July 2007 period, Indonesia`s exports reached US$63.53 billion and its imports stood at US$39.89 billion, he said.

He also said Indonesia suffered a deficit in its trade with China over the past few months.

"Cumulatively, China was listed as the biggest supplier of non-oil/non-gas commodities to Indonesia, reaching US$4.35 billion. Our exports to China were only recorded at US$3.70 billion so we suffered a deficit," he said.

He said the surplus came mostly from Indonesia`s trade with Japan. Indonesia`s exports to Japan last month reached US$7.994 billion, while its imports from the East Asian nation stood at US$3.47 billion.(*)
_________________________
Jawawa.net: Indonesian Business and Investment News Aggregator