Indonesia's Non-Oil And Gas Exports To China In The First Quarter Drop 16.24 Percent

Acting Head of BPS Amalia Adininggar Widyasanti. (Photo: Doc. ANTARA)

JAKARTA - The Central Statistics Agency (BPS) reported that Indonesia's non-oil and gas export performance to China in the first quarter of 2024 fell 16.24 percent compared to the same period the previous year.

Acting Head of BPS Amalia Adininggar Widyasanti said the value of Indonesia's exports to China in the first quarter of 2024 fell to 13.36 billion US dollars from the position of 15.94 billion US dollars in the same period last year.

"Commodities that encourage the decline in Indonesia's non-oil and gas exports to China include mineral fuels, coal, CPO, as well as iron and steel," he said at a press conference, in Jakarta, Monday, April 22.

Amalia said, when compared to the fourth quarter of 2023, Indonesia's export performance to China in the first quarter of 2024 fell deeper.

"If the first quarter of 2024 is compared to the fourth quarter of 2023, the value of Indonesia's non-oil and gas exports to China is approximately down 21.20 percent," he explained.

Based on BPS data, specifically for March 2024, Indonesia's export value to China was recorded at 4.75 billion US dollars.

This figure is an increase compared to February 2024 which was recorded at 4.06 billion US dollars.

However, it is still lower than March 2023 which was recorded at 5.67 billion US dollars.

China is also concerned about becoming the main import destination country for Indonesia until March 2024, where the portion reaches 22.44 percent of total exports.

Then, the second main export destination country for Indonesia, namely ASEAN, was 17.89 percent. Then, America was 10.36 percent and India was 8.42 percent.