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Tag: Trade

Economy and Finance

Indonesian Export Performance Is Considered To Remain Solid In The Pandemic Era 

JAKARTA - Indonesia's trade performance recorded a surplus of 3.61 billion US dollars in October 2020. Thus, this is the sixth time trade balance Indonesia Has experienced a surplus in a row this year.  Researcher at the Institute for Economic and Social Research (LPEM), Faculty of Economics and Business, University of Indonesia (FEB UI), Mohammad Dian Revindo, assessed that a trade surplus occurred because export performance remained solid amid the Covid-19 pandemic. "Indeed, exports are solid during this pandemic. Export performance is almost the same as last year's export, which is not a pandemic situation, meaning exports are very solid," Revindo said, Thursday (19/11). Based on the records of the Central Statistics Agency (BPS), the export value in October 2020 reached 14.39 billi...