Indonesia's trade balance records surplus of US$1.57bil in March

JAKARTA, April 17 (Xinhua): Indonesia's trade balance in March recorded a surplus of US$1.57 billion, according to Statistics Indonesia.
According to the agency's head, Kecuk Suhariyanto, the South-East Asian country recorded an export value of US$18.35 billion and import value of US$16.78 billion dollars in March.
"This figure is better than that in March last year and March 2019," said Suhariyanto.
Indonesia had posted an export value of US$18.35 billion in March, up 20.31 per cent month-to-month and a jump of 30.47 per cent from a year earlier, according to Statistics Indonesia.
"This is a very encouraging growth of up to double digits due to increasing demands and rising prices for a number of commodities," the agency's head Kecuk Suhariyanto said.

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