TEMPO Interactive, Jakarta: Export performance during January 2007 decreased 12.04 percent compared to December, 2006. The export decline was caused by the fall of oil and gas exports.
Indonesiaâ€™s exports in January was US$8.35 billion, declined from December 2006â€™s of US$9.49 billion. The export decrease is especially because of the plummeting of oil and gas exports, which was only US$1.48 billion in January that decreased 20.63 percent to US$1.87 billion. Non-oil and gas exports also decreased, which was US$6.87 billion, down 9.92 percent from December 2006â€™s US$7.62 billion.
Deputy for Economic Statistics at the Central Statistics Bureau (BPS) said that the decrease of January exports is more because a number of export projects that have not yet been realized. â€śItâ€™s the beginning of year, so usually there are still export agreements that havenâ€™t been recognized,â€ť said Pietoko yesterday (1/3). However, he refused to name the details causing the decrease of Indonesiaâ€™s exports .
The export increase in January for rubber and rubber products, amounted to US$69.5 million. Rubber and non-rubber products contributed 6.22 percent of the non-oil and gas exports total. Export decreases in fat and animal/vegetable oil totaled US$378 million. Fat and animal/vegetable oilâ€™s role in the total amount of exports is 4.7 percent. The biggest non-oil and gas export destinations are Japan (US$1.1 billion), United States (US$884.7 million) and Singapore (US$679.6 million).
As for imports throughout January, they increased compared to imports in December 2006. The amount of imports in January experienced a 6.25 percent increase from the end of 2006 to US$5.2 billion from US$4.93 billion.
Pietojo said that the highest import value is non-oil and gas imports, US$0.28 billion which rose 8.01 percent from US$3.88 billion in December 2006, US$3.59 billion. Oil and gas imports only rose slightly to US$1.36 billion or by 1.54 percent from the end of yearâ€™s US$1.34 billion.