Indonesia maintains trade surplus for 31st month in a row
Indonesia's trade balance recorded the 31st consecutive month surplus, reaching 5.16 billion USD as of November 30, reported the Statistics Indonesia on December 16.
Workers carry out loading and unloading activities at Pelindo Port II, Tanjung Priok, Jakarta, on November 15. (Photo: Antara)
Jakarta (VNA) - Indonesia's trade balance recordedthe 31st consecutive month surplus, reaching 5.16 billion USD as ofNovember 30, reported the Statistics Indonesia on December 16.
In the past 11 months, Indonesia experienced atrade surplus of 50.59 billion USD, higher from 34.3 billion USD reached in thesame period last year.
Head of the Fiscal Policy Board of the FinanceMinistry Febrio Kacaribu said Indonesia's exports continued positiveperformance in November to reach 24.12 billion USD, up 5.58 percentyear-on-year and 28.16 percent year-to-date.
Non-oil/non-gas exports reached 22.99 billion USDin November, up 6.88 percent annually but down 1.94 percent month on month.
He added that Non-oil/non-gas exports contributed the most,reaching 253.61 billion USD, up 28.04% year-to-date.
On a sectoral basis, 74.15 percent of the exports in the January–Novembe൲rperiod were contributed by the mining industry, followed by✨ the manufacturingindustry (18.59%) and the fishery industry (12.44%)./.
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The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
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Workers carry out loading and unloading activities at Pelindo Port II, Tanjung Priok, Jakarta, on November 15. (Photo: Antara) 
