Monday, 15 Safar 1441 / 14 October 2019

Monday, 15 Safar 1441 / 14 October 2019

Indonesia's exports of non oil and gas commodities increase

Selasa 04 Nov 2014 23:58 WIB

Red: Yeyen Rostiyani

Workers in a garment factory in Cakung, North Jakarta (illustration)

Workers in a garment factory in Cakung, North Jakarta (illustration)

Foto: Republika/Aditya Pradana Putra

REPUBLIKA.CO.ID, JAKARTA - Indonesia's exports of commodities other than oil and gas rose 6.5 percent in value to 12.7 billion USD in September this year month-on-month.

"The increase in the exports of commodities other than oil and gas gave rise to optimism," Ministr of Trade Rahmat Gobel said on Tuesday.

Meanwhile, exports of oil and gas were valued at 2.6 billion USD, up slightly by 0.9 percent month-on-month and 8.6 percent year-on-year. The country was favored with a surplus of 758.8 million USD, up from 489.6 million USD in August in trade of commodities not including oil and gas. However, altogether the country still suffered a deficit of 270.3 million USD in trade balance in September with import also increasing.

Increases were recorded in the exports of primary commodities, ornaments, and manufactured goods such as knitted and non knitted garments. Noteworthy was in addition to significant increase in exports to emerging markets, a sharp rise of 49 percent was recorded to Australia and 19.7 percent to Pakistan.

Exports in September brought the total value of exports to 132.7 billion USD in the first nine months of the year, down 0.9 percent year-on-year. Gobel said his ministry would coordinate with other related ministries to boost exports. 

 

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