Senin, 29 Mei 2023

INDONESIA'S TRADE BALANCE SURPLUS RECORD AND BUSINESS PERSPECTIVES IN 2023

 Indonesia's trade balance in recent years has shown its best performance. Where conditions always show a surplus figure, thus making Indonesia's trade performance one of the things that needs attention so that it can consistently make a positive contribution.

 


 (1). The Central Statistics Agency (BPS) noted that Indonesia's trade balance returned to a surplus of US$2.91 billion. Bisnis.com, JAKARTA — Indonesia's trade balance again recorded a surplus for 35 consecutive months until March 2023. Indonesia's trade balance surplus in March 2023 reached US$2.91 billion

(2). When a country experiences a surplus in the trade balance, goods export activities will occur to other countries, offset by a lot of gold import activities as well. Gold imports accelerate the money supply resulting in an increase in the price of goods and services.

 


 

 




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