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Indonesia Records Export Value of US$12.57bn in February

TEMPO.COJakarta – The Central Statistics Agency (BPS) recorded February’s exports achievement at US$12.57 bilion, increasing by 11.16 percent when compared to the same period last year at US$11.31 billion. However, the figure declined by 6.17 percent when compared to the achievement in January 2017.

Oil and gas exports were down by 5.78 percent, and the volume declined by 14.78 percent due to an increase in crude prices, BPS head Suhariyanto said.

According to Suhariyanto, non-oil and gas commodities remained the largest contributor to the total export figure. Imports in February stood at US$11.26 billion, increasing by 32.71 percent, and the volume increased by 29.9 percent when compared to the same period last year.

“Cumulatively, the export value in the period of January-February 2017 was recorded at US$25.98 billion, increasing by 19.2 percent when compared to the same period in 2016. Non-oil and gas exports in January-February 2017 stood at US$23.51 billion,” Suhariyanto said in Jakarta on Wednesday, March 15, 2017.

Exports of Industrial products in January-February 2017 climbed by 18.83 percent when compared to the same period last year. Exports of agricultural products also went up by 20.36 percent and exports of mineral and other commodities rose by 28.2 percent.

Based on export destinations, the largest non-oil and gas commodities worth US$1.36 billion were shipped to China. United States was the second largest importer of Indonesian non-oil and gas commodities with a total worth of US$1.36 billion, followed by India with US$1.02 billion. Exports to the three countries made up 32.81 percent of the total figure. Meanwhile, the export value to 28 European Union countries reached US$1.29 billion.

RICHARD ANDIKA | ABDUL MALIK