Jakarta (ANTARA News) - Indonesia's trade surplus dropped to 3.48 billion dollars in January from 4.06 billion dollars in the previous month even as exports hit a new record, a senior government official said Monday.
Exports rose 2 percent from December to a new all-time high of 11.08 billion dollars in January, Ali Rosidi, deputy chairman of the Central Bureau of Statistics, told a briefing.
But imports rose a much faster 11.7 percent to 7.6 billion dollars.
Nine economists polled by Thomson Financial had expected the country's trade surplus to come in between 2.52 billion and 3.78 billion dollars.
Exports were forecast at between 9.55 billion and 10.53 billion dollars and imports at between 6.97 billion and 7.29 billion dollars. (*)