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trade-deficit

COVID-19 pandemic looms over Indonesia’s record-high trade surplus
Business 5 years ago

PREMIUM
COVID-19 pandemic looms over Indonesia’s record-high trade surplus

Indonesian imports from China, its largest trading partner, fell $1.08 billion in February compared ...
‘We have many tanks to fill’: Indonesia to make the most out of globally low oil prices
Business 5 years ago

PREMIUM
‘We have many tanks to fill’: Indonesia to make the most out of globally low oil prices

Oil imports, which reached US$1.18 billion in January, up 19.9 percent from the same month last year...
Indonesia posts $864m trade deficit in January as oil and gas exports slump
Business 5 years ago

Indonesia posts $864m trade deficit in January as oil and gas exports slump

The country recorded a total of $13.41 billion in exports in January, a 3.71 percent decrease y...
PLN to use LNG in 52 power plants to help reduce oil imports
Business 5 years ago

PREMIUM
PLN to use LNG in 52 power plants to help reduce oil imports

The Energy and Mineral Resources Ministry issued a decree dated Jan. 10 ordering PLN to only use liq...
Indonesia develops Cavendish banana plantations in Blitar to boost exports
Business 5 years ago

Indonesia develops Cavendish banana plantations in Blitar to boost exports

Indonesia currently exports Cavendish bananas to China, Japan, Korea and the Middle East. However, d...
Improved trade deficit did little for economy, experts say
Business 5 years ago

PREMIUM
Improved trade deficit did little for economy, experts say

Indonesia recorded exports worth a total of US$167.53 billion in 2019 and imports at $170.72 billion...
Trade pressure eases in December as deficit narrows
Business 5 years ago

Trade pressure eases in December as deficit narrows

A US$30 million trade deficit was recorded in December, a stark contrast to the $1.33 billion defici...
US-Iran row exposes another threat to the Indonesian economy
Business 5 years ago

PREMIUM
US-Iran row exposes another threat to the Indonesian economy

The heightened tension between the United States and Iran after a US air strike killed influential I...
Indonesia still struggles to reduce trade deficit
Business 5 years ago

PREMIUM
Indonesia still struggles to reduce trade deficit

Last year’s deficit has kept the government on its toes to seek trade deals to open new market...
As Chinese apple, orange imports rise, Indonesia’s trade deficit widens
Business 5 years ago

PREMIUM
As Chinese apple, orange imports rise, Indonesia’s trade deficit widens

Fruit imports totaled $1.24 billion from January to November this year, up 9.61 percent from $1...
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