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imports

Slow global economic recovery haunts Indonesian exports
Business 5 years ago

PREMIUM
Slow global economic recovery haunts Indonesian exports

Indonesia recorded month-on-month (mom) export growth in June and July after contractions in April and May, during which Indonesia implemented strict movement restrictions.
Indonesia to increase soybean imports, expand tempeh market in Indiana
World 5 years ago

Indonesia to increase soybean imports, expand tempeh market in Indiana

Indonesia is seeking to work with the US state of Indiana by importing more soybeans and in turn expanding the market for tempeh, a traditional Indonesian soybean-based culinary product, in the state.
75 years of Indonesian trade: The struggle to diversify exports, cut imports
Business 5 years ago

PREMIUM
75 years of Indonesian trade: The struggle to diversify exports, cut imports

Indonesia's trade surplus peaked at US$39.7 billion in 2007, thanks to exports of, among other things, coal, crude palm oil, rubber, timber, bauxite and nickel.
Falling import demand, reduced foreign bond holdings narrows Q2 deficit
Business 5 years ago

Falling import demand, reduced foreign bond holdings narrows Q2 deficit

The country has posted a trade surplus in the second quarter that has narrowed its current account deficit to 1.2 percent of GDP, while economists project a CAD of 1.5 percent of GDP for the year.
Indonesia logs biggest trade surplus in nine years, higher exports for three consecutive months
Business 5 years ago

Indonesia logs biggest trade surplus in nine years, higher exports for three consecutive months

The rise in exports and fall in imports led to a $3.26 billion trade surplus, the highest since August 2011, according to BPS.
How COVID-19 impacts Indonesia’s trade
Opinion 5 years ago

How COVID-19 impacts Indonesia’s trade

Indonesia’s trade surplus was a result of a sharp decline in imports rather than an increase in exports. Under global lockdowns, it can be expected that imports of aircraft parts and components, boats and yachts, high-end beverages and spirits and silk and luxury goods will drop significantly. This will lower Indonesia’s imports.
Trump threat to 'decouple' US and China hits trade, investment reality
Business 5 years ago

Trump threat to 'decouple' US and China hits trade, investment reality

Conflicting talk from Trump administration officials about “decoupling” the US economy from China is running into a challenging reality: Chinese imports of US goods are rising, investment by American companies into China continues, and markets are wary of separating the world’s biggest economies.
Indonesia's exports, imports nosedive in May as COVID-19 restrictions hit trade
Business 5 years ago

Indonesia's exports, imports nosedive in May as COVID-19 restrictions hit trade

Imports fell even faster by 42.2 percent to $8.44 billion, the lowest since 2009, due to weak domestic demand for consumer goods, raw materials and capital goods.
China imports plunge, exports fall on virus hit to global growth
Business 5 years ago

China imports plunge, exports fall on virus hit to global growth

China's exports and imports fell in May as the economic slowdown abroad started to take its toll, and after a surprise jump driven by increased demand for anti-epidemic supplies, official data showed Sunday.
Govt delays import reduction deadline amid COVID-19
Business 5 years ago

Govt delays import reduction deadline amid COVID-19

Industry Minister Agus Gumiwang Kartasasmita told journalists that the ministry had decided to delay the deadline to reduce imports by 35 percent from 2021 to 2022.
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