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Exports to US, South Korea drop in first quarter.

Jakarta Post

| May 02, 2012 | COPYRIGHT 1999 PT Bina Media Tenggara. (Hide copyright information)Copyright

Byline: Linda Yulisman, The Jakarta Post, Jakarta

Indonesia's trade with two of the world's biggest economies declined in the first quarter of 2012, according to the Central Statistics Agency (BPS).

Negative quarterly growth in Indonesian exports to the US and South Korea meant those nations had joined the European Union on the list of Indonesia's ailing trading partners.

Non-oil-and-gas exports to the US were US$3.68 billion in the first three months of this year, down by 6.17 percent, while similar exports to South Korea were $1.78 billion, down 9.19 percent.

Indonesia's exports to the European Union extended their negative growth trend, ending …

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