War in Ukraine Sends Indonesia Exports, Imports to New Records.
In: Bloomberg.com, 2022-04-18, S. N.PAG
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Zugriff:
Indonesia's exports reached a new record high in March due to the increase in global commodity prices caused by Russia's invasion of Ukraine. The nation's shipments of steel, coal, and palm oil contributed to a 44.36% year-on-year increase in exports, surpassing analyst forecasts. Additionally, Indonesia saw a trade surplus of $4.53 billion, beating economist estimates. However, the war in Ukraine also led to an increase in oil and gas imports, and the impact on Indonesia's trade will depend on the duration of the conflict. Imports in March reached another record high of $21.97 billion, likely driven by the recovery of manufacturing and increased consumption as the COVID-19 pandemic subsides. The surge in commodity prices is expected to offset a narrowing trade surplus in the future. [Extracted from the article]
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War in Ukraine Sends Indonesia Exports, Imports to New Records.
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Autor/in / Beteiligte Person: | Jiao, Claire ; Sihombing, Grace |
Zeitschrift: | Bloomberg.com, 2022-04-18, S. N.PAG |
Veröffentlichung: | 2022 |
Medientyp: | serialPeriodical |
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