RI Most Non-Oil And Gas Exports To China In May 2024, Reaches 4.72 Billion US Dollars

Import exports (photo: Antara)

JAKARTA - The Central Statistics Agency (BPS) recorded the value of Indonesia's exports in May 2024 of US$22.33 billion, an increase of 13.82 percent compared to the export value in April 2024 which amounted to 19.62 billion US dollars.

Meanwhile, when compared to May 2023, which reached 21.71 billion US dollars, the export value in May 2024 increased by 2.86 percent. This export performance was mainly supported by non-oil and gas (oil and gas) exports which reached 20.91 billion US dollars.

Deputy for Statistics for Production of BPS M. Habibullah conveyed that the total value of non-oil and gas exports in May 2024 to 13 destination countries reached 15.05 billion US dollars, an increase of 14.19 percent compared to April 2024 of 13.18 billion US dollars.

"The value of Indonesia's non-oil and gas exports in May 2024 to China, the United States, and India each reached 4.73 billion US dollars, 2.18 billion US dollars, and 1.94 billion US dollars," he explained at a press conference, Wednesday, June 19.

Habibullah said the increase was due to an increase in the value of exports to most major destination countries such as China by 453.0 million US dollars or 10.59 percent, the United States by 429.4 million US dollars or 24.46 percent, Japan by 406.0 million US dollars or 29.59 percent, and the Netherlands 175.5 million US dollars or 64.58 percent.

Meanwhile, the country that experienced a decline was South Korea at around 133.8 million US dollars or 16.42 percent and Italy at 37.4 million or 17.09 percent.

Habibullah said the export value to ASEAN and the European Union in May 2024 reached 3.78 billion US dollars and 1.61 billion US dollars, or to ASEAN an increase of 12.97 percent, as well as to the European Union an increase of 30.11 percent compared to April 2024.

Meanwhile, in the period January 2024 to May 2024, China remains the export destination country which has the largest role with a value of 22.36 billion US dollars or 22.92 percent, followed by the United States with a value of 10.22 billion US dollars or 10.48 percent, and India 8.85 billion US dollars or 9.07 percent.

"The main commodities exported to China during that period were iron and steel, mineral fuel, and nickel and other goods," he said.

Habibullah said that while exporting to the ASEAN region and the European Union during that period contributed 17.82 percent and 7.31 percent, respectively.