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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Indonesia's Exports Growth Tops Expectations

Monday, January 16, 2017 > 11:34:22
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(RTTnews)

1/16/2017 1:58 AM ET 

Indonesia's exports logged a double-digit expansion in December, figures from the Central Statistics Agency showed Monday.

Exports increased 15.8 percent year-on-year to $13.77 billion in December, bigger than the expected growth of 14.1 percent.

At the same time, imports grew 5.8 percent annually to $12.78 billion. Economists had expected only 3.4 percent increase. 

Month-on-month, exports gained 1.99 percent and imports climbed 0.88 percent in December. 

The trade surplus totaled $990 million in December compared to the expected surplus of $902 million. 


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