External trade improved in March. Indonesia's foreign trade activity showed strong growth in March.

By bne IntelliNews May 4, 2010
As reported by IHS Global Insight Daily Analysis, total merchandise exports surged 13.1% m/m even though the annual rate of growth eased to 46.6% in March, from 56.5% in February, reflecting base effects. Imports soared 16.3% m/m and also recorded a 68.6% y/y rise. Non-oil and gas exports witnessed strong growth in March chiefly due to 11.4% m/m and 80.2% y/y rise in exports to China . IHS Global Insight expects total annual exports to gain 19%, and imports to grow by 22% in FY 2010.

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Indonesian Exports by Group of Commodities

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Source: Statistical Agency, Indonesia

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External trade improved in March. Indonesia's foreign trade activity showed strong growth in March.

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