Indonesia's exports in April were the strongest growth in 11 years

  Indonesia's exports in April, their strongest growth in 11 years. Which pushed up the prices of basic commodities like palm oil and coal. The Bureau of Statistics released the data on Thursday (May 20, 2021), beating analysts' expectations. The resource-rich nation’s shipments rose 51.94% on a yearly basis to $18.48 billion, for their sharpest increase since 2010, outperforming a figure of 41% forecast in a survey. Imports rose 29.93% on the year, compared with 29.81% in the poll, to $16.29 billion. The April trade surplus was $2.19 billion, up from the previous month’s surplus of $1.56 billion and the poll’s expectation of $1 billion. Source: Online/SZK