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Strategy

Trade Balance: Affected by seasonality

Trade Balance
Analyst: Chandra Pasaribu

Affected by seasonality
• Exports were down -10.3% MoM but still up 58.8% YoY
• Imports were down -12.2% MoM but up +68.7% YoY
• Positive momentum for GDP growth in 2Q21
• Expect further recovery in coming months
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