Indonesia export and import growth exceeded the forecasts in July

In July 2018, Indonesia export and import growth exceeded the forecasts, finversia.ru wrote, citing data from the country's statistical office. Export growth in annual terms was 19.33%, while analysts had predicted an increase of 11.68%. In July, there was also a sharp increase in imports - by 31.56%, while experts had predicted an increase of 14.2%. In comparison with the previous month, the volume of exports increased by 25.19%, the volume of imports increased by 62.17%. Thus, in July, there was a deficit of $2 billion 30 million in Indonesia trade balance. Experts had predicted a deficit of 680 million dollars.

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