Non-oil-and-gas exports increased by 29.3% y/y in Q1/2011.

By bne IntelliNews June 9, 2011
Indonesia's non-oil-and-gas exports increased by 29.3% y/y recording USD 50.3bn in the first quarter of this year. As reported by The Jakarta Post, Trade Minister Mari Elka Pangestu stated that the improvement in the performance of the country's non-oil-and-gas exports signify that the free-trade policy is proving to be more effective. The recorded growth surpassed the government's earlier aim of between 12% and 15% for the period. The figures also indicate that the external markets, particularly the ones in Asia, are improving.

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