||Asean Affairs 5 June 2013
Second-largest trade deficit booked in April: BPS
Indonesia recorded its second-largest trade deficit ever of US$1.62 billion in April, data from the Central Statistics Agency (BPS)revealed on Monday.
The country's largest trade deficit was booked in October last year, which amounted to $1.88 billion.
The deficit in April showed a plummeting performance of the country's trade balance from the previous month, during which the country recorded $304.9 million of surplus.
BPS head Suryamin said as quoted by kompas.com that Indonesia's exports plunged in April by 2.18 percent to $14.7 billion, while imports rose by 9.59 percent to $16.31 billion.
Overall, Indonesia's exports in the first quarter this year stood at $60.11 billion with imports at $61.96 billion, accounting for the country's trade deficit of $1.87 billion during the first four months of 2013.