Indonesia booked trade surplus of US$4.53 billion last month, expanded by 18% from February, thanks to surplus in non oil and gas segment. Pretty much as predicted, the Russia-Ukraine war, which lifted oil and gas prices, led to widening of deficit by 52% year-on-year to US$2.1 billion, but the country in general gained from higher average price of thermal coal, palm oil, and industrial metals.To subscribe please click here
