Indonesia posts trade surplus of nearly 5 bln USD in September
Oct 18, 2022
Jakarta (Indonesia), October 18: Indonesia recorded a trade surplus of 4.99 billion U.S. dollars in September, with an export value of 24.80 billion dollars and an import value of 19.81 billion dollars, Statistics Indonesia (BPS) reported on Monday.
Non-oil and non-gas commodities still made the largest contribution to the surplus, particularly from mineral fuels, including coal and crude palm oil (CPO), according to the agency.
"The surplus was also contributed by stronger government policies, including the extension of the CPO export zero levy," the agency's Deputy for Distribution Statistics and Services Setianto said in a press conference, adding that exports of manufactures, such as vehicles and spare parts, also increased during the month.
Setianto pointed out that non-oil and gas exports to China, the United States and India remained strong and became the main contributors to Indonesia's total exports.
He also said that Indonesia recorded an increase in coal exports to European countries ahead of the winter season.
Source: Xinhua
