National Trade Balance Records Surplus of US$738.3 Million in February

19, Mar 2015 | Author: Embassy of Indonesia

Source: Antaranews

Jakarta (ANTARA News) – Indonesias trade balance in February recorded a surplus of US$738.3 million, with an export value of US$12.29 billion and an import value of US$11.55 billion, the Central Bureau of Statistics (BPS) said.

“This surplus was triggered by the US$170 million surplus recorded in the oil and gas sector and the US$570 million recorded in the non-oil/gas sector,” Head of the BPS Suryamin stated here on Monday.¬†According to the cumulative export values posted in January and February, he noted that the trade balance had a surplus of US$1.48 billion, with an export value of US$25.64 billion and an import value of US$24.16 billion.

Totally, the national export value in the January-February period decreased 11.89 percent as compared to the US$29.10 billion recorded in the same period in 2014. Moreover, the import value in February dropped by 8.42 percent as compared to the US$12.61 billion posted in January.

In addition, the cumulative import value of the January-February period declined by 15.83 percent, while it was US$28.70 billion in the same period last year.(*)

For the second time, the Embassy of the Republic of Indonesia in Dhaka will be organising the Indonesian trade, tourism, and investment expo INDONESIAFAIR 2019 in Bangladesh. The Fair will be held at Hall...
Dhaka, 25 Maret 2019: Sebanyak 5 pelaku industri pariwisata Indonesia turut serta pada Dhaka Travel Mart 2019, pameran wisata terbesar di Bangladesh. Kelima pelaku industri pariwisata Indonesia tersebut adalah Absolute Indonesia DMC, INDOtravelista Jelajah...
Dhaka, 26 February 2019: Indonesian Fashion designer Merdi Sihombing showcased his finest creations at Tresemme Bangladesh Fashion Week 2019. During the prestigious annual event held in Dhaka on 25 February 2019, he showcased his...
In order to explore opportunities for business and investment cooperation, the Indonesian Ambassador to Dhaka and the Economic Counselor held a meeting with the Chittagong Deputy Commissioner, Mr. Md. Elius Hossain in DC Chittagong...
The Indonesian embassy premises in Dhaka turned festive for a few hours on the occasion of the Independence Day of the country on Saturday. The presence of the members of the Indonesian community in...
Amid much festivity and fanfare, the ASEAN Day 2018 was celebrated in Dhaka on Wednesday. Marking the day in a befitting manner, the ASEAN Dhaka Committee (ADC) organised the ASEAN Flag Raising Ceremony at...