Indonesia February trade balance reverts to surplus

01 Apr, 2014

JAKARTA: Indonesia's trade balance reverted to a surplus in February helped by a sharper-than-expected drop in imports and stronger exports of crude palm oil and coal, the statistics bureau said on Tuesday.

The country reported a surplus of $790 million, compared with a $440 million deficit in January, and slightly larger than Bank Indonesia's projection of $760 million.

A Reuters poll of 14 analysts had estimated the surplus at $60 million.

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