Indonesia Trade Deficit at $1.63 billion in April 2018

Jakarta | 15th May 2018

Indonesia’s trade balance in April 2018 has deficit of 1.63 billion US dollar in line with the increasing domestic economy activities. The deficit is also affected by the deficit in non-oil and gas trade balance as well as oil and gas trade balance. Cumulatively from January to April 2018, Indonesia’s trade balance records deficit of 1.31 billion US dollar.

“Indonesia Trade Deficit at $1.63 billion in April 2018”

Bank Indonesia considers the trade balance deficit in April 2018 closely relates to the increasing production and investment activities, in line with the improving domestic economy prospect. Going forward, Bank Indonesia believes trade balance performance will improve in line with the continued global economic recovery and high global commodity’s prices. This estimate will in turn support economic growth prospect and resilience of current transaction balance.

Official Press Release by Bank Indonesia

Join the Rise of Asia.  Share a Story, Article or Photo here.  For Press Release, visit here.

About The Wealth Times

The Wealth Times is the premier economic & financial media for Asia. Covering Asia’s most relevant developments in economy, business and finance. Asia is the world’s fastest growing economy with GDP exceeding $25 trillion and powered by 4.4 billion people.

Where should you invest your capital for the next decade?  Which are the fastest growing companies in Asia?  Which is the most exciting sector to be in?  Which are the top cities to be in?  Which country has new economic policies? Who are the most influential leaders? Who are the top business leaders?