Indonesia posted a trade surplus US$2.44 billion in September, higher than the previous month worth of $2.33 billion - Photo by Statistic Bureau Office

JAKARTA (TheInsiderStories) – Indonesia posted a trade surplus US$2.44 billion in September, higher than the previous month worth of $2.33 billion, said head of statistic bureau today (10/15). Last month, total export values amounting to $14.01 billion and imports $11.57.

Compared to same month in 2019, said Suhariyanto in a virtual conference, the exports values dropped 0.51 percen and imports fell 18.88 percent. However, when compared to August, the export values rose 6.97 percent. Non-oil and gas exports in September reached $13.31 billion or up 6.47 percent compared to August and from September 2019, it lifted 0.21 percent.

Cumulatively, Indonesia’ export values reached $117.19 billion or decreased by 5.81 percent compared to the same period in 2019. Non-oil and gas exports also down 3.82 percent to $111.25 billion from last year.

The largest increase in non-oil and gas exports in September against August was iron and steel amounting to $266.0 million (32.48 percent). While, the largest decrease occurred in precious metals, jewelry or gems amounting to $113.2 million (13.32 percent).

By sector, non-oil and gas exports from the processing industry fell 0.25 percent compared to the same period in 2019. Then, exports of mining products and others fell 23.96 percent, and exports of agricultural products rose 9.70 percent in nine months period.

The largest non-oil and gas exports in September were to China worth of $2.63 billion, followed by the United States at $ .69 billion and Japan with $1.06 billion, with contributions reaching 40.41 percent. While, exports to the European Union (27 countries) amounted to $990 million.

Based on province, Indonesia’ largest exports in January – September came from West Java with a value of US $ 19.11 billion (16.31 percent), followed by East Java with US $ 15.20 billion (12.97 percent) and East Kalimantan with US $ 9 , 57 billion (8.17 percent).

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Suhariyanto also reported, Indonesia’ import value in September amounting to $11.57 billion, an increase of 7.71 percent compared to prior month, but compared to September 2019 it fell 18.88 percent. Last month, non-oil and gas imports reached $10.40 billion, up 6.18 percent compared to August, but dropped 17.94 percent from a year ago.

In September, oil and gas imports $1.17 billion, up 23.50 percent compared to August 2020, but compared to September 2019 it fell 26.31 percent. The largest increase in non-oil and gas imports compared to August was machinery and mechanical equipment valued at $104.2 million (6.28 percent), while the largest decrease were ore, slag and metal ash of $24.0 million (32.77 percent).

The three largest suppliers of imported non-oil and gas goods until September were China at $28.22 billion (30.32 percent), Japan at $8.08 billion (8.68 percent), and Singapore at $6.03 billion (6.48 percent). Non-oil and gas imports from Souteast Asian countries valued $17.34 billion (18.63 percent), and the European Union valued at $7.37 billion (7.92 percent).

The import value of all category of goods used in nine months, said Suhariyanto, lowered compared to the same period of the previous year. The decline occurred in the consumer goods category (9.36 percent), raw or auxiliary materials (18.86 percent), and capital goods (19.83 percent).

Written by Editorial Staff, Email: theinsiderstories@gmail.com