Indonesia’s Export Value in 2017 Increased by 16.22 Percent

Central Statistics Agency (BPS) informs that Indonesia’s export value in December 2017 reaches US$14.79 billion or decreased by 3.45 percent compared to the value in November 2017. However, compared to December 2016, the export value increased by 6.93 percent.

“Cumulatively, Indonesia’s export value from Januari to December 2017 reaches US$168.73 billion or increased by 16.22 percent compared to the same period in 2016 whereas non oil and gas export reaches US$152.99 billion or increased by 15.83 percent,” says Head of BPS Dr. Suhariyanto in his press statement at the Main Office of BPS, Jakarta, Monday (15/1) afternoon.<>

Import value during December 2017, according to him, is recorded US$15.061.2 billion or decreased by 0.29 percent (US$43.7 million) compared to November 2017.

Cumulatively, import value from Januari to December 2017 is recorded US$156.893.0 billion or increased by 25.66 percent compared to the same period last year. It means that during 2017 there is a surplus in the balance of trade totaling US$11.84 billion which much higher than the surplus in 2016.

Suhariyanto also mentions that oil and gas import increased by 29.71 percent (US$5.567 billion) while non oil and gas import increased by 13.41 percent (US$15.672.4 billion. This rising value is caused by the increase of crude oil import totaling US$328.2 million (4.89 percent), petroleum products US$4.183.5 billion (40.46 percent), and gas US$1.055 billion (63.22 percent).

Non Oil and Gas Export

Dr. Suhariyanto also mentions that non oil and gas export in December 2017 reaches US$13.28 or increased by 5.41 percent compared to November 2017. In the meantime, non oil and gas export in December 2016 increased by 5.56 percent.

According to Suhariyanto, the value of jewelry/gems export in December 2017 compared to November 2017 decreased by 38.83 percent (US$205.2 million). This is the biggest decrease of non oil and gas export. Meanwhile, the highest increase is recorder by metal ore, crust, and ash export totaling US$421.0 (126.05 percent)

“The biggest non oil and gas export in December 2017 is to China amounting US$2.19 billion, followed by Japan US$1.47 billion and the United States US$1.42 billion. Their contribution reaches 38.31 percent. In the meatime, export to European Union (28 countries) reaches US$1.33 billion,” Suhariyanto says.

Based on the origin province of the goods, West Java contributes to Indonesia’s biggest export from January to December 2017 with export value US$29.18 billion (17.29 percent), followed by East Java US$18.43 billion (10.92 percent), and East Kalimantan US$17.63 billion (10.45 percent).

Regarding import, Suhariyanto says that non oil and gas import in December 2017 reaches US$12.51 billion or increased by 3.05 percent compared to November 2017. However, compared to December 2016, it increased by 12.87 percent.

Oil and gas import in December 2017 reaches US$2.55 billion or increased by 15.89 percent compared to November 2017, and also increased by 50.10 percent compared to December 2016.

“The biggest supplier countries of non oil and gas import from January to December 2017 are: China, with import value US$35.52 billion (26.79 percent); Japan, with import value US$15.21 billion (11.47 percent); and Thailand, with import value US$9.19 billion (6.93 percent),” explains Suhariyanto. He also mentions that non oil and gas import from ASEAN is 20.37 percent, and from European Union is 9.27 percent. (Humas BPS/ES) (MMB/YM/Naster).