Kedutaan Besar Republik Indonesia
Embassy of the Republic of Indonesia
Ambassade de la RÉpublique d'Indonésie

Non-oil/non-gas sector pushes Indonesia`s trade balance: BPS

Yogyakarta (ANTARA News) – Indonesias trade balance recorded a surplus of US$1,206.8 million in October 2016, thanks to the non-oil/non-gas sector, Head of the Central Bureau of Statistics (BPS), Suhariyanto, said.

“The trade balance in October 2016 increased as the non-oil/non-gas sector recorded a surplus of US$1,710 million,” he stated on Tuesday.

He noted that several groups of goods contributed to the increase in the trade balance in October 2016.

The first group of goods was ships valued at US$86 million, a 537.95 percent surge compared to the previous month, he noted.

The second group was iron and steel, accounting for US$221.9 million, up 31.76 percent. The third group of animal/vegetable fat and oil recorded US$ 1.797 million, up 19.02 percent.

The fourth group of footwear claimed US$394.7 million, up 15.65 percent while the fifth group of mineral fuels was worth US$1,376.3 million, up 8.43 percent.

According to BPS, Indonesias exports in October 2016 rose 0.88 percent to US$12.68 billion compared to a month earlier and 4.60 percent compared to the same month last year.

Non-oil/non-gas exports in October 2016 increased 1.22 percent to US$11.65 billion compared to the previous month and 8.43 percent compared to the same month last year. (*)