JAKARTA, April 18 (Reuters): Indonesia's exports surged in March due to higher commodity prices and rebounding global demand, while imports also grew by more than expected last month as domestic manufacturing activity improved, officials statistics bureau data have showed.
Merchandise exports beat forecast with an annual jump of 30.47% to $18.35 billion on rising shipments of oil, natural gas, palm oil, steel and coal.
Shipments were also supported by elevated commodity prices and improving demand from top trade partners like China and the United States, whose economies are recovering strongly from the COVID-19 pandemic.
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