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Indonesia’s June export hits 11.64 billion USD

Indonesia earned 11.64 billion USD from export in June, in comparison to the same period last year’s 12.92 billion USD overseas shipment, according to the national statistics bureau.
Jakarta (VNA) – Indonesia earned 11.64 billion USD from export in June,in comparison to the same period last year’s 12.92 billion USD overseas shipment,according to the national statistics bureau.

The low value was attributed to shorter working day and a trend of lower goods’prices.

However, the exports of the first half of this year grew 14.04 percent to 79.96billion USD from a year earlier.

Meanwhile, June import value reached 10.01 billion USD compared to 12.02billion USD in the same period last year.

The imports in the January-June period were down 9.60 percent to 72.33 billion USD.

Indonesia is among the world's leading exporters of coal, crude palm oil, cocoaand rubber.

Indonesia’s economy was forecast to grow 5.1 percent in the second quarter ofthis year thanks to import activities and continue to increase in the third quarter.The largest Southeast Asian economy is predicted to make a 5.3-percent growthrate for 2017.-VNA
VNA

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