Indonesia trade performance swings to small surplus in January

Indonesia's trade balance in January swayed to a 50 million U.S. dollars surplus from a revised 161 million U.S. dollars deficit in December last year as import declined faster than export, the national statistic bureau announced on Monday.

The country's imports fell by 13.48 percent to 10.45 billion U.S. dollars in January from a year earlier and exports decreased by 20.72 percent to 10. 50 million U.S. dollars, Suryamin, head of the bureau announced at his office.

Indonesia is the world's largest exporter of palm oil, thermal coal, and the world's third biggest exporter of rubber and cocoa, as well as home to the world's second-biggest copper mine. Endite