Indonesia March trade surplus, wider than expected, hits 4-month high

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JAKARTA : Indonesia reported on Monday a $4.33 billion trade surplus in March, more than expected and the widest in four months as shipments beat estimates on strong palm oil and nickel exports as well as a rush to beat the start date for U.S.tariffs.

A Reuters poll of analysts had expected a surplus of $2.64 billion in March.

President Donald Trump targeted for tariffs above 10 per cent, Indonesia was hit with a 32 per cent levy, which has been paused for 90 days.

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Article Details

Category: EconomyBusiness

Markets: SingaporeIndonesia

Topics: Trade Exports Shipments Billion Jakarta Indonesia March Surplus Tariffs Cent Port

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-21 @ 12:18:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 532 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 28090434

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