RI suffers trade deficit with China
Mon, January 2 2012 21:23 | 795 Views
Jakarta (ANTARA News) - Indonesia which recorded a surplus of US$106.9 million in its non-oil/non-gas trade with China for the first time in October 2011, suffered a deficit again in November 2011, data showed.
Data available at the Central Bureau of Statistics (BPS) showed that Indonesia`s non oil/non gas exports to China in November 2011 accounted for US$2.31 billion while its imports stood at US$2.43 billion.
It showed a deficit of US$122.1 million in both countries trade balance which was in favor of China.
"Indonesia enjoyed a surplus in its trade with China for the first time in October, but it suffered a deficit again in November 2011," Djamal, a deputy head of the BPS said here on Monday.
Indonesia was able to enjoy a surplus in October 2011 because its exports were supported by such commodities as palm oil products, coal and other types of mining products.
(Uu.A014/HAJMS012)Editor: Priyambodo RH
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