Indonesias Exports in March 2017 Reaches US$14.59 Billion
The National Statistics Agency (BPS) reported that Indonesias export values in March 2017 stood at US$14.59 billion, a 15.68 percent increase compared to the figure in February 2017, and a 23.55 percent increase compared to the figure in the same period last year.
Cumulatively, Indonesias export values in the period of January-March 2017 reached US$40.61 billion or higher by 20.84 percent compared to that in the same period in 2016, as quoted in a press release of the BPS on Monday (17/4).
From the total of US$14.59 billion export values, the Agency noted that non-oil and gas exports in March 2017 stood at US$13.11 billion, increasing by 14.86 percent compared to the outputs in February 2017 and by 24.03 percent compared to the figure in the same period last year.
According to the BPS, the biggest increase in non-oil and gas exports from February to March 2017 is from mineral fuel sector with a total worth of US$459.4 million (32.84 percent), while the biggest decline is from chemical products with a total worth of US$31.8 million (9.05 percent).
The BPS added that the largest importers of Indonesian non-oil and gas commodities in March 2017 with a total worth of US$1.78 billion is China, followed by the United States (US$1.51 billion), and Japan (US$1.26 billion). The three countries made up 34.72 percent of Indonesias total export value, while export values to 28 European Union countries were recorded at US$1.46 billion.
Even though Marchs exports achievement increased, the same data also showed that Indonesias imports in March 2017 reached US$13.36 billion, rising by 17.65 percent compared to the figure in February 2017 and by 18.19 percent compared to the figure in the same period last year.
The BPS also recorded that non-oil and gas imports in March 2017 stood at US$11.10 billion, a 24.94 percent increase compared to the figure in February 2017 and a 13.81 percent increase compared to the figure in the same period in 2016.
Meanwhile, Indonesias oil and gas imports in March 2017 reached US$2.26 billion or declined by 8.54 percent compared to the figure in February 2017 and increased by 45.70 percent compared to the figure in the same period last year.
The biggest increase in non-oil and gas imports from February to March 2017 is from machinery and electrical equipment sectors with a total worth of US$399.4 million (36.84 percent), while the biggest drop is from iron and steel products with a total worth of US$85.8 billion (40.06 percent), the press release says.
Imports of all goods including consumption goods, raw/auxiliary materials, and capital goods in January-March 2017 slightly rose by 4.75 percent, 18.05 percent, and 6.52 percent respectively compared to the figures in the same period last year.
The largest non-oil and gas exporting countries to Indonesia in March 2017 with a total worth of US$7.75 billion is China (25.75 percent), followed by Japan (US$3.42 billion/11.34 percent), and Thailand (US$2.15 billion/7.15 percent). Meanwhile, import values from ASEAN countries make up 20.87 percent of the total market share, while import values from European Union countries make up 9.45 percent of the total market share. (Humas BPS/ES) (RA/EP/YM/Naster)
