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Indonesia's February exports soar, led by palm oil, achieving a $3.12 billion trade surplus.
Indonesia's February exports surged 14.05% year-over-year to $22 billion, driven by a 90% increase in palm oil exports, reaching $2.3 billion.
Jewelry and machinery exports also saw significant growth.
This boost led to a trade surplus of $3.12 billion, up from $0.83 billion last year.
Despite coal exports falling by nearly 20%, the export growth outpaced a 2.3% rise in imports, reaching $18.9 billion.
Analysts note risks from global trade uncertainties and potential US trade policies.
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Las exportaciones de Indonesia en febrero se elevan, lideradas por el aceite de palma, logrando un superávit comercial de $3.12 mil millones.