Indonesian exports, imports surge in MayIn this file photo taken on Aug 20, 2015, a shipment of about 500 Toyota vehicles, transported by cargo from the Toyota manufacturing plant in Jakarta, arrive at Surabaya port in eastern Java for distribution to their local outlets. (AFP)JAKARTA: Indonesia's export growth shot up on a yearly basis to an 11-year high in May, supported by high commodity prices and a low base effect, while imports also jumped as domestic demand rose, official data showed on Tuesday. Exports rose 58.76% to $16.60 billion, the biggest increase since January of 2010 due to a strong rise in shipments of oil and gas and mining products. There was a $2.37 billion trade surplus in May, the highest in six months. The poll had expected a $2.30 billion surplus and April's surplus was $2.19 billion.

Source: Bangkok Post June 15, 2021 04:30 UTC