Indonesia's exports, imports slow in June, says BPS<\/p>\n
JAKARTA (JP): Indonesia's international trade activities
\nslowed in June, with both exports and imports down from the
\nprevious month.<\/p>\n
According to data released from the Central Bureau of
\nStatistics (BPS) on Wednesday, exports in June declined slightly
\nby 0.96 percent to US$4.80 billion from the previous month due to
\na decrease in both oil and gas and non-oil and gas exports.<\/p>\n
Oil and gas exports decreased by 3.39 percent to $1.09 billion
\nin June from the previous month, but increased by 6.75 percent
\nfor the first six months of the year to $6.97 billion compared to
\nthe same period last year.<\/p>\n
Non-oil and gas exports also declined by 0.23 percent to $3.71
\nbillion in June, while the January to June figure decreased by
\n2.16 percent to $22.33 billion compared to the same period last
\nyear.<\/p>\n
The decrease in oil and gas exports was caused by a slump in
\nthe price of Indonesian crude oil on the international market to
\n$27.25 per barrel in June from $27.85 per barrel in the previous
\nmonth.<\/p>\n
Exports dropped for a number of destination countries,
\nespecially Singapore, China and Malaysia.<\/p>\n
Nevertheless, Indonesia's exports to other traditional
\nmarkets, such as the United States, Japan, Germany, Taiwan, South
\nKorea and Australia, all recorded increases in value.<\/p>\n
Meanwhile, imports for June this year also declined by 2.34
\npercent to $2.78 billion, compared to the previous month, the
\nboard said.<\/p>\n
Between January and June this year, imports reached $17.75
\nbillion, or an increase of 29.10 percent compared to the same
\nperiod last year.<\/p>\n
Non-oil and gas imports in June came in at $2.29 billion, or a
\ndecrease of 5.77 percent compared to the previous month. However,
\nnon-oil and gas imports increased 37.24 percent during the first
\nsix months of the year to $15.23 billion compared to the same
\nperiod last year. (tnt)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/indonesias-exports-imports-slow-in-june-says-bps-1447893297",
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