Trade Balance of Indonesia: Another Wide Trade Surplus, But Exports and Imports Fall in April 2024
![Trade Balance of Indonesia: Another Wide Trade Surplus, But Exports and Imports Fall in April 2024](https://cdn.indonesia-investments.com/images/thumbs/small/Trade-Export-Import-Balance-Analysis-Report-Thumbnail-Indonesia-Investments.jpg)
Indonesia enjoyed another great USD $3.56 billion trade surplus in April 2024. But unfortunately the nation’s exports and imports both dropped on a month-on-month (m/m) basis. However, that was in line with our expectations as trade was disrupted by the end of the Ramadan month and the subsequent Idul Fitri celebrations (which meant a week-long holiday for Indonesia).