JAKARTA - The Central Statistics Agency (BPS) revealed that Indonesia exported 2,367 tons of precious metals of jewelry and gems during January-April 2024 or US$3.2 billion.
"Along with the increase in gold prices in the international market in early 2024 and also the strengthening of the value of the US dollar currency, the volume of metal exports has begun to increase," said Deputy for Distribution and Services Statistics of the Central Statistics Agency (BPS) Pudji Ismartini at a press conference, Wednesday, May 15.
Pudji explained that the export volume of precious metals for jewelry and gems in January was 208 tons, February was 330 tons, March was 1,082 tons and April was 747 tons. Meanwhile, in April 2023 there were only 186 tons.
In terms of value, exports of precious metals and jewelry or gems fell to 894 million US dollars compared to March 2024 amounting to 1,373 million US dollars. Meanwhile, in April 2023 the export value was only 523 million US dollars.
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Meanwhile, Pudji said that throughout January to April 2024 Indonesia exported the most to Switzerland of US$700 million or 21.37 percent of Indonesia's total precious metal exports.
Furthermore, the export of precious metals of jewelry and Indonesian gems to Hong Kong was 492 million US dollars or 15.02 percent, to India of 492 million or 15.01 percent.
Furthermore, the export of precious metals from Indonesian jewelry and gems to Japan was 458 million US dollars or 13.98 percent, and to other countries 1.13 million US dollars or 34.62 percent.
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