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Today I look at the impact the coronavirus is having on Asian trade balances.  Indonesia and India both usually run a fairly precarious trade position. But this year, as domestic demand has slumped, trade positions are improving dramatically.  India, for example, managed an $800mn trade surplus in June - so far as I can tell that's the first surplus since March 2002!  

I also look at how the timing of Ramadan is affecting Indonesia's recent trade performance. 



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