The head of the Indonesian Central Statistics Agency (BPS), Suryamin, said high imports of oil and gas commodities caused there to be a trade deficit in July of US$2.31 billion.
“The trade deficit was caused by deficits in oil and gas commodities amounting to $1.86 billion and $0.45 billion in non-oil and gas commodities,” he said in Jakarta on Monday
Suryamin also said that the value of Indonesia’s exports in July totaled to $15.11 billion, up by 2.37% from June, but down by 6.07% for the same period in the previous year.
“Oil and gas trade volume suffered a deficit of 1.34 million tons but non-oil and gas volume in July had a surplus of 44.21 million tons,” said Suryamin.
