Trade Balance
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Freya Beamish, economist at Lombard Street Research, believes the Chinese trade data was inflated and that the picture is "tight" with property and asset prices beginning to overheat.
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JAKARTA, May 1- Indonesia posted its first trade surplus in six months in March, the statistics bureau said on Wednesday. Southeast Asia's largest economy last posted a trade surplus in September 2012. -Indonesia reported twin trade and current account deficits last year, as weak global demand curbed export growth while imports rose sharply.
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*India to relax rules for some domestic firms on raising overseas funds. By Manoj Kumar and Rajesh Kumar Singh. NEW DELHI, April 30- India cut tax rates for foreign investors on interest income from investments in government and corporate debt, hoping to attract more funding to bridge its current account deficit and polish its reformist credentials.
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BELGRADE, April 30- Serbia's economy grew 1.9 percent in the first quarter and its trade deficit shrank 23.7 percent, helped by its joint venture with Italy's carmaker Fiat, as well as agriculture and the oil and gas industry.
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MADRID, April 30- Spain's current account was in deficit to the tune of 1.30 billion euros in February, down from a deficit of 5.88 billion euros in the same month a year earlier, largely due to a lower trade deficit, the Bank of Spain said on Tuesday.
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BANGKOK, April 30- Data from the Bank of Thailand:. For details, see Bank of Thailand website:. -On April 12, the Bank of Thailand cut its 2013 export growth forecast to 7.5 percent from 9 percent, saying the global economy remained fragile.
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ISTANBUL, April 30- Turkey's trade deficit fell to $7.385 billion in March from $7.469 billion a year earlier, data showed on Tuesday, below a forecast deficit of $8.275 billion in a Reuters poll.
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SEOUL, April 29- South Korea's current account surplus in March edged down to a seasonally adjusted $4.36 billion from $4.45 billion in February as exports slightly fell while imports rose, central bank data showed on Monday.
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April 28- Qatar's current account surplus widened to 226.9 billion riyals in 2012, or 32.4 percent of gross domestic product, the central bank's preliminary data showed, beating analysts' expectations. The OPEC member had booked a surplus of 189.2 billion riyals in 2011, or 30.3 percent of GDP, according to a Reuters calculation based on official data.
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STOCKHOLM, April 26- Sweden's trade surplus was roughly flat in March at 6.8 billion Swedish crowns compared to a month earlier, the statistics office said on Friday. KEY FIGURES: March 2013 Feb 2013 Trade balance 6.8 6.7* Exports of goods 91.8 87.5* Imports of goods 85.0 80.8*.
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JAKARTA, April 26- Indonesia's central bank sees the country's current account deficit lasting this year and next, even if the government hikes subsidised gasoline prices to curb its fuel import bill, a deputy governor said on Friday.
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April 25- The Census and Statistics Department released the following data showing a visible trade deficit of HK $49.15 billion in March: 2013 2013 2012 Mar Feb Mar Trade balance -49.15 -33.99 -43.88 Domestic Exports 5.07 3.29 4.91 Re-exports 286.64 212.46 257.51 Total exports 291.71 215.74 262.43 Imports 340.86 249.73 306.30.
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HANOI, April 25- The following is a table of Vietnam's key exports and imports for the first four months of 2013, provided by the government's General Statistics Office.
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Daniele Antonucci, senior european economist at Morgan Stanley, explains that the Spanish economy will grow on its exports and that the unemployment figure might not be true.
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BEIJING, April 25- China posted a current account surplus of $55.2 billion in the first quarter of 2013, preliminary data from the country's foreign exchange regulator showed on Thursday.
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*April deficit at $1 bln, highest since Sept 2011. *March deficit revised to $546 mln vs estimated $300 mln deficit. HANOI, April 25- Vietnam's trade data released by the government's General Statistics Office on Thursday:.
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HANOI, April 25- Vietnam's trade deficit is expected to widen to $1 billion in April, the highest since September 2011, from $546 million in March, a state-run newspaper reported on Thursday. Vietnam's actual trade deficit last month widened to $546 million, against the government's initial estimate of a $300 million deficit, Vietnam Customs has said.
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*Feb trade deficit at $967 mln vs yr-ago gap of $566 mln. *Jan-Feb trade deficit at $1.68 bln vs $1.58 bln a year ago. MANILA, April 25- Philippine imports in February fell 5.8 percent from a year earlier, the second consecutive month of annual declines, the statistics office said on Thursday.
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BUENOS AIRES, April 23- Argentina's prized trade surplus shrank a greater-than-expected 49 percent in March to $510 million as fuel imports surged, the INDEC statistics institute said on Tuesday.
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For the fiscal year to March 2013, Japan logged a record trade deficit of 8.17 trillion yen, reflecting a slump in global demand and higher fuel import costs. The figures showed exports to the United States jumped 7.0 percent from a year earlier, but shipments to China fell 2.5 percent.
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TOKYO, April 18- Japanese exports rose 1.1 percent in March from a year earlier, up for the first time in two months, but the country logged a trade deficit for the ninth straight month amid higher costs for energy imports.