Indonesian Political, Business & Finance News

RI trade surplus with Australia

| Source: JP

RI trade surplus with Australia

JAKARTA (JP): Indonesia booked a surplus of US$163 million in
bilateral trade with Australia in the first quarter of the year,
the Australian Embassy in Jakarta said on Tuesday.

In a statement, the embassy said Indonesian exports to
Australia reached $549 million in the first quarter of the year,
a 5.88 percent decrease from the corresponding period last year.

Indonesian imports from Australia dropped 4.66 percent to $386
million in the first quarter of the year.

The embassy said bilateral trade between the countries reached
$935 million in the first quarter of the year, a 6.5 percent drop
from the same period last year.

The embassy said Indonesian oil and gas exports to Australia
dropped amid the monetary crisis, but exports of non-oil and gas
products rose.

The embassy said paper, cardboard, non-metal mineral products
and furniture were among the top Indonesian export commodities.
(jsk)

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