AIRLINK 180.36 Increased By ▲ 6.57 (3.78%)
BOP 11.17 Decreased By ▼ -0.19 (-1.67%)
CNERGY 8.53 Decreased By ▼ -0.11 (-1.27%)
CPHL 100.41 Decreased By ▼ -1.23 (-1.21%)
FCCL 45.96 Decreased By ▼ -0.98 (-2.09%)
FFL 15.81 Increased By ▲ 0.42 (2.73%)
FLYNG 27.89 Increased By ▲ 0.10 (0.36%)
HUBC 142.47 Decreased By ▼ -1.28 (-0.89%)
HUMNL 13.01 Increased By ▲ 0.02 (0.15%)
KEL 4.52 No Change ▼ 0.00 (0%)
KOSM 5.84 Increased By ▲ 0.08 (1.39%)
MLCF 61.90 Decreased By ▼ -0.43 (-0.69%)
OGDC 214.32 Increased By ▲ 2.30 (1.08%)
PACE 5.92 Increased By ▲ 0.45 (8.23%)
PAEL 46.83 Decreased By ▼ -0.24 (-0.51%)
PIAHCLA 17.84 Decreased By ▼ -0.24 (-1.33%)
PIBTL 10.62 Decreased By ▼ -0.24 (-2.21%)
POWER 12.17 Decreased By ▼ -0.09 (-0.73%)
PPL 172.71 Increased By ▲ 1.43 (0.83%)
PRL 36.02 Increased By ▲ 0.14 (0.39%)
PTC 23.26 Decreased By ▼ -0.10 (-0.43%)
SEARL 96.06 Decreased By ▼ -0.90 (-0.93%)
SSGC 41.34 Decreased By ▼ -0.37 (-0.89%)
SYM 14.44 Increased By ▲ 0.29 (2.05%)
TELE 7.38 Increased By ▲ 0.28 (3.94%)
TPLP 10.08 Increased By ▲ 0.12 (1.2%)
TRG 67.90 Increased By ▲ 4.01 (6.28%)
WAVESAPP 10.00 Decreased By ▼ -0.02 (-0.2%)
WTL 1.34 Increased By ▲ 0.01 (0.75%)
YOUW 3.81 Increased By ▲ 0.09 (2.42%)
BR100 12,481 Increased By 33.6 (0.27%)
BR30 38,008 Increased By 88.3 (0.23%)
KSE100 116,776 Increased By 385.5 (0.33%)
KSE30 35,849 Increased By 153 (0.43%)

JAKARTA: Indonesia reported a $2.24 billion trade surplus in December, below expectation, amid a jump in imports and a smaller-than-expected increase in exports, official data showed on Wednesday.

A Reuters poll had expected a surplus of $3.79 billion.

November’s surplus was revised down to $4.37 billion.

The data comes as Indonesia’s central bank is meeting to review monetary policy, with the decision to be announced later on Wednesday.

A separate Reuters poll shows analysts expect interest rates to be held steady amid financial market volatility that has weakened the rupiah.

Exports from the resource-rich country rose 4.78% in December from a year earlier to $23.46 billion, compared with a 7.38% increase expected in the trade poll.

Exports of palm oil products jumped 30% on a yearly basis to $1.89 billion last month, but coal exports fell 10.4% to $2.69 billion, the data showed.

Independence Day of Indonesia: Consulate in Karachi holds flag-hoisting ceremony

Meanwhile, imports climbed 11.07% in December to $21.22 billion, versus the poll’s forecast of a 4.84% rise.

For all of 2024, shipments from Indonesia reached $264.7 billion, up 2.29% from the previous year, while imports were worth $233.66 billion, a rise of 5.31% from 2023.

Last year’s trade surplus was $31.04 billion, down from $36.89 billion in 2023, marking the lowest surplus in four years.

Indonesia’s widest non oil and gas trade surplus was with the United States, amounting to $16.84 billion. It ran a $11.41 billion trade deficit with China, excluding oil and gas trade.

Comments

200 characters