BPS Reports Indonesia's Export Value Throughout 2024 Reaches 264.7 Billion US Dollars

JAKARTA - The Central Statistics Agency (BPS) reported that the value of Indonesia's exports from January to December 2024 reached US$264.7 billion.

This figure increased 2.29 percent when compared to 2023.

Acting (Plt) Head of BPS Amalia Adininggar Widyasanti said this value consisted of non-oil and gas exports which reached 248.83 billion US dollars, an increase of 2.46 percent.

Then oil and gas exports reached 15.88 billion US dollars or a decrease of 0.28 percent.

If we look at the sector, the increase in the value of non-oil and gas exports throughout 2024 will occur, especially from the manufacturing sector, then the agricultural sector.

"Where these two sectors are the main drivers of improving non-oil and gas export performance in 2024," he said at a press conference, Wednesday, January 15.

Amalia said that the two sectors of the manufacturing industry and the agricultural sector contributed 3.84 percent and 0.51 percent of non-oil and gas export growth, respectively.

Meanwhile, Amalia said the commodities most exported by Indonesia were mineral fuel (HS 27) which included around 15.94 percent of the total non-oil and gas exports with an export value of 39.65 billion US dollars.

However, he continued, the export of this commodity decreased by 9 percent compared to 2023.

"HS 27 commodities are the most exported by Indonesia, coal," he said.

The main destination countries for this mineral fuel commodity are China, which has a share of 35.03 percent, India 17.59 percent, and Japan at 9.77 percent.

Meanwhile, for non-oil and gas, Amalia said exports to China throughout 2024 were recorded at US$60.22 billion or a decrease of 3.38 percent compared to 2023.

"In 2024, non-oil and gas exports to the United States, India, ASEAN, and the European Union will increase," he said.