FILE PHOTO: A worker stands on a container at Tanjung Priok Port in Jakarta, Indonesia, January 11, 2021.
REUTERS/Willy Kurniawan/File PhotoJAKARTA (Reuters) - Indonesia’s trade surplus is seen to narrow slightly in October to $3 billion from the previous month, as exports are still expected to weaken, a Reuters poll showed on Tuesday.
The poll, conducted with 19 economists between Nov. 8 and Nov. 14, showed trade surplus of $3 billion last month, compared with $3.42 billion in September.
The largest economy in Southeast Asia has seen its trade surplus weakening in recent months due to falling commodity prices and a global economic slowdown that hurts demand.
Exports were seen contracting 15.35% in October, compared with a sharper drop of 16.17% in the previous month.
Persons:
Willy Kurniawan
Organizations:
REUTERS
Locations:
Tanjung Priok Port, Jakarta, Indonesia, JAKARTA, Southeast Asia