BPS Records Indonesia's Exports April 2023 Capai 19.29 Billion US Dollars

Illustration (Photo: Doc. Antara)

JAKARTA - The Central Statistics Agency (BPS) noted that Indonesia's export value in April 2023 reached 19.29 billion US dollars, down 17.62 percent compared to exports in March 2023 of 23.50 billion US dollars.

Deputy for Methodology and Statistical Information, Imam Machdi, said that compared to April 2022, the export value decreased by 29.40 percent.

This decrease in export value is due to the existence of Ramadan and Lebaran moments which affect production activities.

"One of the causes of the decline in the value of exports if you look at the cycle of previous years. Indeed, several production activities in Ramadan have decreased due to the holiday time carried out in Indonesia, so export activities will have an effect," said Imam as quoted by Antara, Monday, May 15.

Imam said that non-oil and gas exports in April 2023 reached 18.03 billion US dollars, down 18.33 percent compared to March 2023, as well as down 30.35 percent when compared to non-oil and gas exports in April 2022.

Cumulatively, Indonesia's export value from January to April 2023 reached 86.35 billion US dollars, down 7.61 percent compared to the same period in 2022. Meanwhile, non-oil and gas exports reached 81.08 billion US dollars, down 8.62 percent.

The largest decline in non-oil and gas exports in April 2023 against March 2023 occurred in precious metal and jewelry / eye commodities amounting to 573.4 million US dollars (52.30 percent). Meanwhile, the largest increase occurred in metal ore, terak, and ash amounting to 166.8 million US dollars (26.16 percent).

According to the sector, non-oil and gas exports from the processing industry from January-April 2023 fell 12.89 percent compared to the same period in 2022, as well as exports of agricultural, forestry and fishery products fell 10.86 percent, while exports of mining and other products rose 8.44 percent.

The largest non-oil and gas exports in April 2023 were to China, namely 4.62 billion US dollars, followed by the United States 1.57 billion US dollars and India 1.54 billion US dollars, with the contribution of the three reaching 42.92 percent. Meanwhile, exports to ASEAN and the European Union (27 countries) amounted to 3.16 billion US dollars and 1.44 billion US dollars, respectively.

According to the province of origin, Indonesia's largest exports in January-April 2023 came from West Java with a value of 11.45 billion US dollars (13.26 percent), followed by East Kalimantan 10.35 billion US dollars (11.99 percent) and East Java 7.76 billion US dollars (8.98 percent).

Meanwhile, the decline in oil and gas exports was due to a decrease in crude oil exports by 59.37 percent to 89.6 million US dollars and gas exports by 7.95 percent to 667.2 million US dollars, while exports of oil products rose 27.74 percent to 501.9 million US dollars.

Imam said, cumulatively the value of Indonesia's exports for the January-April 2023 period reached 86.35 billion US dollars, down 7.61 percent compared to the same period in 2022. Meanwhile, non-oil and gas cumulative exports reached 81.08 billion US dollars, down 8.62 percent.