JAKARTA -- Indonesia's trade surplus was relatively steady at $1.38 billion in June, compared with $1.41 billion in May, the official Central Statistics Agency said Monday.
The agency said that exports fell 27% in June from a year earlier to $9.33 billion, after contracting 28% in May.
Imports slumped 34% to $7.95 billion, compared with a 33% decline previously.
The median forecast in a Dow Jones Newswires poll of nine regional economists was for a trade surplus of $1.39 billion.
From a month earlier, Indonesia's exports edged up 0.8% from $9.26 billion, which likely indicated a recovery is in progress, thanks to improved demand from key markets such as China and South Korea, analysts said.