Exports from Manufacturing Industry Rise to 79.52% in 1st Semester 2020
Date 21 Juli 2020
Non-oil and gas manufacturing industry is the main contributor for national export in the first semester of 2020 which was recorded at US$60.76 billion or 79.52 percent of the total national export amounting to US$76.41 billion.
“I am impressed with the performance of non-oil and gas manufacturing industry. Surprisingly, the industry still brought positive contribution to the exports,” Minister of Industry Agus Gumiwang Kartasasmita said on Tuesday (21/7).
The Minister added that the Ministry will ensure the ongoing manufacturing industry activities in the country amid global economic slowdown due to COVID-19 pandemic since the industry is still the backbone of the national economy.
“We are striving to boost performance of export-oriented industries. Industrial sector contributes 79.52 percent of the national export value in the first semester of 2020 or increased from 75.47 percent in the same period of 2019,” he said.
Based on a data from the National Statistics Agency (BPS), export performance of non-oil and gas manufacturing industry in June 2020 stood at US$9.6 billion or increased by 15.96 percent compared to that of May 2020 which was recorded at US$8.3 billion. In addition, freight value of manufacturing industry products in June 2020 also increased by 7 percent compared to that of the same period last year which was at US$9 billion.
“Trade balance of non-oil and gas manufacturing industry in June 2020 recorded a surplus of US$531.47 million. In terms of volume, manufacturing industry exports in the same period stood at 8.87 million tons or increased by 9.28 percent compared to that in May 2020 which was at 8.12 million tons,” the Minister said.
Food and beverage industry is the top manufacturing sector contributing to the foreign exchange revenue in June 2020 with a value of US$2.23 billion, followed by exports from base metal industry which stood at US$1.67 billion, and from chemical industry and products amounting to US$1 billion.
There are several sectors that experienced increases above 30 percent compared to the previous months, among others, printing and reproduction industry of recording media which rose by 228.62 percent with an export value of US$2.55 billion, followed by transportation industry (US$131.82 billion or increased by 74.15 percent), electrical equipment industry (US$383.55 million or increased by 50.39 percent), and textile industry (US$271.38 billion or increased by 45.38 percent).
It is followed by non-metal mining industry (US$83.85 million or increased by 44.19 percent), automotive, trailer, and semi-trailer industry (US$223.69 million or increased by 37.98 percent), apparel industry (US$561.76 million or increased by 37.90 percent), computer, electronics, and optics industry (US$520.11 million or increased by 36.79 percent), and rubber, rubber goods, and plastics industry (US$486.36 million or increased by 35.95 percent).
In addition, sectors experiencing 30-percent increase of export value than that of the same period last year are, furniture industry which rose by 80.87 percent with an export value of US$164.70 billion, followed by pharmaceutical, modern medicine, and traditional medicine sector (US$58.37 million or increased by 42.41 percent), tobacco processing industry (US$104.23 million or increased by 42.38 percent), printing and reproduction industry of recording media (US$2.55 million or increased by 41.38 percent), and leather goods and footwear industry (US$433.07 million or increased by 40.76 percent). (Ministry of Industry/EN)
Translated by : Rany Anjany
Reviewed by: Yuyu Mulyani