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Article: INDONESIA'S TRADE SURPLUS WITH THE US DOWN STEADILY
- Article from:
- Indonesian Commercial Newsletter
- Article date:
- February 24, 1992
CopyrightCOPYRIGHT 1992 P.T. Data Consult, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Indonesia's trade surplus with the US has continued to decrease for the past three years. Indonesia is even estimated to have had a trade deficit with the US in 1991. The decreasing amount of Indonesia's trade surplus with the US has been caused by the fact that the growth of Indonesia's exports to the US has been slower than that of its imports from the country.
During the period of 1987-1990, the actual value of Indonesia's exports to the US fluctuated with a 4% annual increase while the actual value of its imports from the country rose steadily by around 15% per annum. The slow growth of the value of Indonesia's exports to the US was caused by the decreasing oil ...