In February, Indonesia's trade surplus is projected to widen to $2.32 billion due to slower export contractions and rising imports ahead of Ramadan.

Indonesia's trade surplus is projected to widen to $2.32 billion in February, according to a Reuters poll, due to slower export contractions and rising imports ahead of the Muslim fasting month of Ramadan. The Southeast Asian country has been recording monthly trade surpluses since more than three years, with surpluses gradually narrowing since last year due to weaker exports and lower global demand for commodities like coal and palm oil.

March 14, 2024
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