On a declining trend


JAKARTA: Indonesia has again logged a trade surplus in a trend that began in May last year as commodity prices have picked up while the Covid-19 pandemic has battered demand for imported goods.

According to data published by Statistics Indonesia (BPS) on Monday, Indonesia booked a surplus of US$1.96bil in January. While the surplus is the lowest since June, with both exports and imports down from the previous month, the figure marks a stark contrast to a trade deficit of US$640mil registered in January last year.

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