Indonesia's Trade Balance Loss of US $ 2 Billion

siaran Nasional. Jakarta - The Central Statistics Agency (BPS) recorded the realization of Indonesia's exports in November to reach US $ 14.83 billion. While imports in the same month were recorded at US $ 16.88 billion.

Thus, Indonesia's trade balance in November returned a deficit of US $ 2.05 billion. The two values ​​of exports and imports are equally down.

Exports fell 3.28% on an annual basis, while import figures fell 4.47% compared to October 2017.

"What causes our imports to fall is oil and gas imports of 2.80%. Imports that fall in crude oil fell 2.37%," Head of BPS Kecuk Suhariyanto said at a press conference at BPS headquarters, Central Jakarta, Monday (12/17/2018) .

Non-oil and gas imports also fell by 4.80% in November 2018 compared to the same month in 2017.


The following is the Indonesian trade balance data during 2018

    January: deficit of US $ 756 million
    February: deficit of US $ 52.9 million
    March: surplus of US $ 1.12 billion
    April: deficit of US $ 1.63 billion
    May: deficit of US $ 1.52 billion
    June: surplus of US $ 1.74 billion
    July: deficit of US $ 2.03 billion
    August: deficit of US $ 1.02 billion
    September: surplus of US $ 227 million
    October: deficit of US $ 1.82 billion
    November: deficit of US $ 2.05 billion

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