logo
  

Indonesia Trade Surplus Shrinks In July

Indonesia's foreign trade surplus decreased in July, as exports fell and imports rose, figures from Statistics Indonesia showed on Monday.

The trade surplus shrank to $4.22 billion in July from $5.14 billion in June. Economists had expected a surplus of $3.93 billion.

Exports dropped 2.20 percent month-on-month in July, while imports logged an increase of 1.64 percent.

Non-oil and gas exports contracted 1.64 percent over the month, led by marked falls in shipments of iron and steel commodities.

On an annual basis, both exports and imports surged by 32.03 percent and 39.86 percent, respectively.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
American Honda Motor Co, Inc. has recalled about 2,900 units of 2022 model year Honda TRX90X All-Terrain Vehicles (ATVs) sold in the United States for possible crash and injury hazard, according to a statement issued by the U.S. Consumer Product Safety Commission or CPSC. The Laundress, a unit of Conopco Inc. d/b/a Unilever, is recalling around 8 million laundry and household cleaning products citing risk of exposure to bacteria, U.S. Consumer Product Safety Commission. The recall involves Laundress laundry detergent, fabric conditioner and other cleaning products. Tesla Inc. has delivered its first Semi, a heavy-duty electric truck, to its customer PepsiCo Inc. during an event at its Nevada Gigafactory. The delivery of 500-mile fully electric Semi truck comes five years after the launch of the truck's prototype in 2017. During Thursday night's Semi Delivery Event at Tesla's Sparks, Nevada factory, CEO Elon Musk, with Dan Priestly, ...
Follow RTT