In­done­sia’s trade sur­plus nar­rows in July

China Daily (USA) - - BUSINESS -

In­done­sia posted a lower trade sur­plus in July as ex­ports of oil, gas and other com­modi­ties fell. The na­tional statis­tics bureau an­nounced onMon­day that the sur­plus de­creased to ad­justed $590 mil­lion last month com­pared with $900 mil­lion in the pre­ced­ing month as the to­tal ex­ports fell faster than the to­tal im­ports’ de­cline. Ex­ports in July were down 17.02 per­cent to $9.51 bil­lion year on year, and im­ports fell 11.56 per­cent to $8.92 bil­lion in the month on a yearly ba­sis, the bureau added.

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