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export crude minerals

Indonesia Flags Export Slowdown Ahead After July Trade Surplus Beats Forecast

export crude minerals
Indonesia booked a $4.2 billion surplus last month

KONTAN.CO.ID - JAKARTA. Indonesia's windfall export earnings from high commodity prices may start dwindling, its statistics bureau warned on Monday, despite the country booking a larger-than-expected surplus in July.

The resource-rich nation booked a $4.2 billion surplus last month as it enjoyed the impact of high commodity prices globally, although prices of some of its main products like palm oil, nickel, and natural gas have declined.

July's trade surplus is compared with Reuters' poll projection of $3.93 billion, and June's surplus of $5.09 billion.

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