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April imports +29.9% y/y, roughly in line with forecast Surplus at +$2.19 bln, above $1 bln forecast Rupiah unaffected by strong trade data (Adds detail, milestones, comments by economists) JAKARTA, May 20 (Reuters) - Indonesia’s exports racked up their strongest rise in 11 years in April, boosted by a surge in prices of key commodities such as palm oil and copper, though the unexpectedly robust figure is not expected to change the central bank’s policy settings. The resource-rich nation’s shipments rose 51.94% on a yearly basis to $18.48 billion, marking the sharpest increase since 2010 and beating a forecast 41% rise in a Reuters poll. The export value was the highest since August, 2011. ....
By Reuters Staff (Adds data on trade with Britain, details) MADRID, April 15 (Reuters) - Britain’s exit from the European Union has hit Spanish imports from Britain in the first two months of the year as new EU trade rules disrupt trade flows across the Channel. Spain’s imports from the UK decreased 49% in the first two months of the year compared with the same period a year ago. By contrast, intra-EU trade data showed Spanish imports fell only 7%, the Spanish industry ministry said on Thursday. During the same period, Spanish exports to Britain decreased 15%, much more than the 5.1% drop of Spain’s sales to other EU partners. The ministry hasn’t provided trade balance data with individual countries. ....
Increase surpasses all forecasts in Reuters poll Exports to China up 3.1% y/y (Adds detail, economist, background) BERLIN, March 9 (Reuters) - German exports unexpectedly rose in January, buoyed by robust trade with China in a positive start to the year for manufacturers in Europe’s largest economy. Seasonally adjusted exports increased 1.4% on the month after an upwardly revised increase of 0.4% in December, the Federal Statistics Office said on Tuesday. Imports fell 4.7% after showing no change in the prior month, an upward revision. A Reuters poll had pointed to a 1.2% drop in exports and a 0.5% fall in imports. January’s 1.4% increase in exports far surpassed even the most optimistic forecast. ....
Exports to China climb despite trade disputes Coal shipments more than recover from Beijing ban SYDNEY, Feb 4 (Reuters) - Australia’s trade surplus rose to a six-month high in December as iron ore exports to China easily weathered diplomatic squalls between the two countries, while coal shipments found new buyers beyond the world’s second-largest economy. China’s reliance on steel-intensive infrastructure and construction to sustain economic growth means it has little choice but to keep importing Australian iron ore, even as prices for the mineral hit multi-year highs. Data from the Australian Bureau of Statistics out on Thursday showed goods exports to China jumped 21% in December to a six-month high of A$13.3 billion, with iron ore up sharply by both value and volume. ....