"Based on the data, the surplus will be US$785 million in December 2013 as compared to US$776.8 million in November 2013," Bank Indonesia Deputy Governor Perry Warjiyo stated at the group discussion forum with the media here on Wednesday.
Meanwhile, the non-oil/non-gas trade is expected to see a surplus of US$2.2 billion in December 2013 as compared to US$1.96 billion a month earlier, he noted.
"The balance of trade will record a higher surplus in December and a similar trend is expected in the non-oil/non-gas trade," he remarked.
The results of a research conducted by the central bank suggested that the balance of trade was forecast to reach a surplus of US$1.6 billion in the fourth quarter of 2013, he claimed.
Meanwhile, the non-oil/non-gas trade was expected to enjoy a surplus of US$5 billion in the fourth quarter.
"This is very favorable when compared to the surplus of the non-oil/non-gas trade in the third quarter of 2013, which reached US$1 billion," he noted.
The improving trade balance is intrinsically linked to the rising commodity prices in the global market during the past few weeks, he pointed out. (*)
Editor: Heru Purwanto
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