Not China, U.S. Becomes Largest Contributor to September 2024 Trade Balance Surplus

KN. Statistics Indonesia (BPS) noted that the goods trade balance surplus in September 2024 reached $3.26 billion, or an increase of $0.48 billion from the previous month, with the three top contributing countries the United States at $1.39 billion, India at $942 million, and the Philippines at $783.9 million.

The three countries with the deepest trade balance deficit in September 2024 were China with a deficit of $630.7 million, Australia at $369.4 million, and Thailand at $317.9 million.

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