Exports of 12 commodities fell by 24 percent last year<\/p>\n
JAKARTA (JP): Exports of 12 commodities decreased considerably
\nin the first eight months of last year compared to the same
\nperiod in 1996.<\/p>\n
The Ministry of Trade and Industry said exports of the
\ncommodities dropped as much as 24 percent last year, partly due
\nto a decline in their competitiveness.<\/p>\n
Production was also lower last year, so commodities were
\nprioritized to meet domestic demands, it said.<\/p>\n
The ministry's data shows exports of feed and processed rattan
\nexperienced the biggest drop in the January to August period last
\nyear.<\/p>\n
Feed exports plunged 24.66 percent to US$104.98 million, while
\nrattan-related products sunk 23.02 percent to US$191.72 million.<\/p>\n
The data also indicated that exports of sporting, music and
\neducational goods and toys slumped 21.73 percent to US$178.08
\nmillion during the nine-month period.<\/p>\n
Chemical goods fell 19.06 percent to US$67.70 million, and
\nprocessed rubber dropped 13.48 percent to US$1.32 billion.<\/p>\n
Plastic exports declined 12.47 percent to US$217.64 million,
\nwhile exports of steel, machinery, and automotive products
\ndropped 12.03 percent to US$1.18 billion.<\/p>\n
Crafts fell 11.25 percent to US$47.47 million, and the exports
\nof lead and copper fell 9.76 percent to US$379.66 million.<\/p>\n
Footwear and other leather products dropped 7.56 percent to
\nUS$1.46 billion, while ceramic, marble and glass goods fell 4.66
\npercent to US$217.15 million. Exports of aluminum products
\ndecreased 4.32 percent to US$272.22 million.<\/p>\n
The ministry also recorded an increase in the export value of
\nsome products in the January to August period last year.<\/p>\n
Exports of forestry products experienced the highest rise last
\nyear, surging to US$15.64 million, 95.62 percent higher compared
\nto the same period in 1996.<\/p>\n
Gold and silver products, precious metal, and jewelry,
\nfollowed suit, rose 62.29 percent to US$722.35 million.<\/p>\n
Exports of chemicals soared to US$638.69 million during the
\nperiod, up 45.24 percent from the same period in 1996.<\/p>\n
Coconut and palm oil products were up 26.77 percent to US$1.14
\nbillion while textile exports rose 13.87 percent to US$4.64
\nbillion.<\/p>\n
Wood products also increased 7.91 percent to US$ 3.96 billion
\nin the same period, and electronic goods rose 12.28 percent to
\nUS$2.20 billion.<\/p>\n
Total exports during the first eight months of last year
\nincreased 8.81 percent to US$22.43 billion, compared to the same
\nperiod in 1996.<\/p>\n
The ministry said exports to the Asia-Pacific region during
\nthe period reached US$15.19 billion. It made up for 67.74 percent
\nof the country's total exports, the ministry said.<\/p>\n
Exports to European Union reached about US$4.26 billion in the
\nsame period, Middle East US$ 1.17 billion, South Asia US$533.15
\nmillion, Africa US$424.45 million, Latin America US$386.14
\nmillion, East Europe US$133.17 million, and other countries
\nUS$334.15 million.<\/p>\n
The United States was the largest importer of Indonesian
\nproducts, with a value of US$3.76 billion or 16.76 percent of the
\ntotal exports during the period.<\/p>\n
Japan was the next biggest importer, accounting for US$3.30
\nbillion, followed by Singapore with US$2.70 billion.<\/p>\n
The ministry said Indonesia's exports to most countries
\ngenerally increased during the period.<\/p>\n
These countries include Hong Kong with US$1.06 billion, The
\nNetherlands US$992.6 million, United Kingdom US$765.5 million,
\nChina US$718.3 million and Malaysia US$695.9 million.<\/p>\n
However, exports to South Korea dropped 22.26 percent to
\nUS$638.6 million, while the exports to Germany also fell 1.53
\npercent to US$790 million. (das)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/exports-of-12-commodities-fell-by-24-percent-last-year-1447893297",
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