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INDONESIA: Exports Surpass Expectations as Trade Surplus Moderates. 

INDONESIA
GlobalEM BulletBulletIndonesiaAPACEmerging Market NewsRegion
  • Indonesia’s exports surprised the market with a +10.25% YoY expansion for October.
  • Imports too were very strong up +17.49% to US$21bn
  • The result was a trade surplus of US$2.48bn, significantly lower than the estimate of $3.1bn.
  • Indonesia’s exports to China rose +6.03%, US +5.9% and EU +2% with South Korea the largest increase in ASEA up +19.5%. 
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  • Indonesia’s exports surprised the market with a +10.25% YoY expansion for October.
  • Imports too were very strong up +17.49% to US$21bn
  • The result was a trade surplus of US$2.48bn, significantly lower than the estimate of $3.1bn.
  • Indonesia’s exports to China rose +6.03%, US +5.9% and EU +2% with South Korea the largest increase in ASEA up +19.5%.