Import & Export: BPS Releases Indonesia's February Trade Data
Indonesia Statistics (BPS) announced on Wednesday (15/03) that Indonesia's exports and imports grew at a slower pace in February 2017 (compared to the preceding month). This performance was in line with expectations. While Indonesia's exports grew 11.16 percent year-on-year (y/y) to USD $12.57 billion in February 2017, its imports grew 10.61 percent (y/y) to USD $11.26 billion over the same period.
With exports outpacing imports, Indonesia saw a USD $1.31 billion trade surplus in February 2017. This figure is slightly lower compared to the revised USD $1.43 billion trade surplus Indonesia had recorded in the preceding month.
Trade Data Indonesia:
| 2017 | Export (billion USD) |
Import (billion USD) |
Balance (billion USD) |
| January | 13.40 | 11.97 | 1.43 |
| February | 12.57 | 11.26 | 1.31 |
Source: BPS