Indonesias Trade Transaction Surplus US$ 0.13 Billion
Indonesias trade transactions throughout November 2017 recorded a surplus of US$ 0.13 billion. Based on data from National Statistics Agency (BPS), Indonesias export value in November 2017 reaches US$ 15.28 billion, and Indonesias import value reaches US$ 15.15 billion.
Cumulatively, Indonesias export value from January to November 2017 reaches US$ 153.90 billion or increased by 17.16 percent compared to the same period last year. Meanwhile, the cumulative import value from January to November 2017 reaches US$ 14.188 billion or increased by 15.47 percent compared to the same period last year, Head of BPS K. Suhariyanto said in a press conference at the BPS Central Office, Jakarta, on Friday (15/12).
According to Suhariyanto, export value in November 2017 increased by 0.26 percent compared to the value in October 2017, and increased by 13.18 percent compared to the same period in 2016. Indonesias import value in November 2017 also shows an increase of 6.42 percent compared to the value in October 2017, or an increase of 19.62 percent compared to the value in November 2016.
Cumulatively, Suhariyanto added, Indonesias export value from January to November 2017 reaches US$ 153.90 billion or increased by 17.16 percent compared to the same period last year. Meanwhile, non-oil and gas exports reach US$ 139.68 billion, or increased by 16.89 percent.
He also added that the largest increase on non-oil and gas exports in November 2017 compared to October 2017 is on animal / vegetable fats and oils with US$ 152.3 million (8.04 percent), whereas the largest decrease is on ores, silver and metal ash with US$ 133.5 million (28.55 percent).
The largest non-oil and gas export in November 2017 is to China (US$ 2.22 billion), followed by the United States (US$ 1.51 billion), and Japan (US$ 1.33 billion). The three countries contribute 36.07 percent of our export value. In the meantime, Indonesias export to the European Union (EU) countries (28 countries) amounting to US$ 1.38 billion.
According to province of origin of goods, Indonesias largest export in January-November 2017 is West Java with a value of US$ 26.89 billion (17.47 percent), followed by East Java with US$ 16.97 billion (11.03 percent), and East Kalimantan with US$ 16.02 billion (10.41 percent).
On import value, Suhariyanto said that Indonesias import value in November 2017 reaches US$ 15.15 billion or increased by 6.42 percent compared to the value in October 2017, or increased by 19.62 percent compared to the same period last year.
Non-oil and gas import in November 2017 reaches US$ 12.92 billion or increased by 7.37 percent compared to the value in October 2017; or increased by 18.05 percent compared to November 2016, Suhariyanto explained.
He further said that non-oil and gas import in November 2017 reaches US$ 2.23 billion or shows an increase of 1.22 percent compared to November 2017 and an increase of 29.56 percent compared to the same period in 2016.
The highest increase of non-oil and gas import in November 2017 compared to October 2017 comes from machineries and mecanical aircrafts sector with US$ 378.5 million (19.32 percent), while the bigest decrease comes from cereal sector with US$ 67.9 million (20.95 percent).
The Head of BPS also listed the largest non-oil and gas imports supplier countries in the period of January-November 2017, such as China with US$ 31.78 billion (26.46 percent), followed by Japan with US$ 13.89 billion (11.56 percent), and Thailand with US$ 8.44 billion (7.03 percent). Non-oil and gas import from ASEAN countries is recorded at 20.37 percent, while those from the EU is recorded at 9.32 percent.
Suhariyanto also stated that import value of all classes of goods, consumption, raw materials / auxiliaries as well as capital goods in the period of January-November 2017 shows an increase compared to the same period last year, increase respectively to 15.19 percent, 16.37 percent, and 11.53 percent.
The cumulative import value from January to November 2017 reaches US$ 14.188 billion or increased by 15.47 percent compared to the same period last year, Suhariyanto reiterated. (Humas BPS/ES)(RAS/MMB/YM/Naster)
