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Economy Indonesia News

Indonesia’s Trade Surplus Is Narrowing

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Indonesia’s trade surplus is expected to narrow in November as exports are slowing. Also, imports will likely witness only marginal growth, a Reuters poll reveals.

The poll shows trade surplus of $3.05 billion in November, compared with $3.48 billion in October.

Indonesia is a resource-rich nation, a major exporter of commodities such as coal, palm oil, and nickel. But it has seen its exports weakening in recent months due to falling commodity prices and a global economic slowdown.

Read the news HERE.

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