Indonesian Political, Business & Finance News

Exports to main buyers rises by 3.8%

| Source: JP

Exports to main buyers rises by 3.8%

JAKARTA (JP): Non-oil and gas exports to Indonesia's 24 main
export destinations rose by 3.86 percent to US$21.92 billion in
the January-July period of this year, compared to $21.11 billion
in the same period last year, the Ministry of Industry and Trade
announced in a statement on Saturday.

The ministry said that the value of exports to the main
destinations accounted for $24.45 million, or 89.65 percent of
the total value of the country's non-oil and gas exports in the
first seven months of this year.

The 24 main exports destinations are; the United States,
Singapore, the Netherlands, Hong Kong, Germany, Malaysia, China,
South Korea, Taiwan, the United Kingdom, Spain, Belgium, the
United Arab Emirates, Australia, the Philippines, Italy,
Thailand, India, Saudi Arabia, France, Canada, Brazil and
Vietnam.

During the January-July period of his year, the highest
increases were recorded in exports to Singapore, Australia and
China, at 47.33 percent, 38.52 percent and 37.08 percent
respectively.

Exports to Belgium increased by 12.2 percent, to Canada by
9.33 percent, to Malaysia by 8.86 percent, to France by 8.53
percent, to Germany by 7.88 percent, to the United Arab Emirates
by 7.54 percent, to Thailand by 5.86 percent and to the United
States by 3.64 percent.

But non-oil exports to Brazil during the same period dropped
by 38.82 percent. Exports to Saudi Arabia, the Netherlands and
Spain also fell over the same period by 14.89 percent, 4.29
percent and 0.99 percent respectively.

The ministry said the United States was the top export
destination for Indonesian produce throughout the seven-month
period, accounting for 15.99 percent of the country's total non-
oil and gas exports. Singapore was in second place, accounting
for 14.88 percent, followed by Japan, which accounted for 12.56
percent. (gis)

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