Indonesia’s exports, imports beat expectations in Dec
The data showed that the country’s exports climbed by 15.8% in December on a yearly basis and beat the expectations which called for an increase of 14.1%. Exports were also up on a monthly basis by 1.99%. The growth of exports in November on an annual and monthly basis, which respectively stood at 21.34% and 12.5%, was larger than those of December.
Similarly, imports increased by 5.8% year on year, defying the estimates of an increase of 3.4%, and by 0.88% month on month. The growth of imports in November both annually and monthly, which respectively stood at 9.88% and 10% in November, was also larger than those in December.
According to the data, the country’s exports reached $13.77 billion in December from $13.5 billion in November while imports climbed to $12.78 billion from $12.66 billion from the previous month.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Stats: China’s total PP imports spike in May; Vietnam and India’s rising shares shine out
- Tight supply drives HDPE, LLDPE gains in Southeast Asia
- European PE markets set for 2nd bullish month on rising costs
- Turkey’s PP and PE markets propelled to a firm start to H2 despite vulnerable conditions
- Asian PVC sees V-shaped recovery in Q2, what will Q3 bring?
- Will capacity additions cast cloud on ethylene upsurge in Asia?
- US PVC offers in Egypt rise steadily but resistance grows in tandem
- PE buyers’ resistance grows in SEA; duty-free origins more competitive than Mid-East
- Polymer demand cools in Turkey: Is price correction ahead for PP, PE and PVC?
- China’s rising PET trend takes a pause, but longer-term outlook remains firm