Indonesia's Exports In May 2023 Rose 38.6 Percent To 21.2 Billion US Dollars

JAKARTA - The Central Statistics Agency (BPS) stated that Indonesia's import value in May 2023 reached 21.28 billion US dollars.

This score jumped 38.65 percent compared to April 2023, an increase of 14.35 percent compared to May 2022.

BPS Deputy for Balance and Statistics Analysis Moh. Edy Mahmud said oil and gas imports in May 2023 were worth 3.14 billion US dollars, up 6.09 percent compared to April 2023.

Even so, last month's results fell 6.52 percent compared to May 2022.

"Non-oil and gas imports in May 2023 are worth USD 18.14 billion, up 46.42 percent compared to April 2023, up 18.94 percent compared to May 2022," he said at a press conference on Thursday, June 15.

Edy revealed that the largest increase in imports of non-oil and gas goods in May 2023 compared to April 2023 was machinery/mechanical equipment and part of 1,063.7 million US dollars (52.49 percent).

While the biggest decline was the absorption and food industry of US$36.5 million (9.15 percent).

The three largest suppliers of non-oil and gas import goods during January 'May 2023 were China US$25.13 billion (32.57 percent), Japan US$6.83 billion (8.85 percent), and Thailand US$4.53 billion (5.87 percent),' he said.

Edy added that non-oil and gas imports from ASEAN 12.99 billion (16.84 percent) and the European Union 5.70 billion US dollars (7.38 percent).

"According to the category of use of goods, the value of imports in January 'May 2023 against the same period the previous year saw an increase in the class of capital goods worth 2,189.6 million US dollars (16.22 percent) and consumption goods 378.8 million US dollars (4.85 percent)," he said.

Meanwhile, imports of raw/auxiliary materials fell by 6,169.6 million US dollars (8.35 percent). Meanwhile, Indonesia's trade balance in May 2023 experienced a surplus of only recorded a surplus of 440 million US dollars, mainly from the non-oil and gas sector 2.26 billion but was induced by a deficit in the oil and gas sector worth US$1.82 billion.