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Tuesday, February 01, 2011

RI posts US$ 22b trade surplus in 2010

The Jakarta Post, Jakarta | Tue, 02/01/2011

Indonesia posted a trade surplus of US$22.12 billion (nearly Rp 200 trillion) last year with imports growing faster than exports, the latest data from the Central Statistics Agency (BPS) shows.

According to data published Tuesday, exports grew 35.4 percent throughout 2010, to $157.73 billion, while imports grew faster at 40 percent in the same period to $135.61 billion.

“It’s not a problem that our imports grew faster than exports. What matters is that we could maintain the trade surplus, because it will go to our foreign exchange reserves,” BPS chairman Rusman Heriawan said recently.

Japan, China and the United States remained Indonesia’s biggest export destinations, while most of the import products that were shipped into Indonesia came from China, Japan and Singapore.


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