In October 2011, Indonesia`s exports to China were valued at US$2.24 billion while its imports from the Asian economic giant reached US$2.13 billion, BPS Deputy Head for Distribution and Service Statistics Djamal said on Thursday.
Director General of Foreign Trade at the Trade Ministry Deddy Saleh said the surplus was fueled by an increase in the export of crude palm oil, industrial goods, coal and other mining products.
Since 2008 Indonesia had recorded a deficit in its trade with China.
BPS recorded a decline in the deficit of Indonesia`s trade with China only in June 2011 when it fell to US$365.2 million from an average of US$500 million previously.
The deficit rose again to US$384 million in July 2011, plunged to US$61 million in August 2011 and moved up again to US$125.5 million in September 2011.
Indonesia`s exports to China mainly include crude palm oil, oil and gas to China while its imports from the latter cover electronic goods, synthetic fiber and turbine.
(T.M035/Uu.S012/HAJM/H-YH)
Editor: Priyambodo RH
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