Selasa, 18 Oktober 2016

EXPORTS DECLINE BUT SURPLUS AGAINST IMPORTS

 By Andi Abdussalam
          Jakarta, Oct 18 (Antara) - Indonesia's exports have been declining over the past three quarters of this year, but they still record a surplus when compared to the imports during the same period.
         The values of Indonesia's exports in the January-September 2016 period were recorded at US$104.36 billion, while its imports in the same period stood at $98.69 billion, thus recording a surplus of $5.67 billion.
         The values of Indonesia's exports over the past three quarters of 2016, which stood at $104.36 billion, declined by 9.41 percent when compared to its exports in the same period a year earlier.
         Indonesia's imports in the January-September 2016 period, which totaled $98.69 billion, also dropped by 8.61 percent over the same period in 2015.
         Based on the data from the Central Bureau of Statistics (BPS), Indonesia's export performance in September 2016, which stood at $12.51 billion, declined when compared to that in August, which amounted to $12.74 billion.



         "The export performance of Indonesia in September 2016 decreased by 1.84 percent compared to that of the previous month. The steepest drop happened in the oil and gas sector, which reached 6.78 percent," BPS head Suhariyanto said in Jakarta on Monday.
         He stated that the steepest drop in the oil and gas export sector was recorded from $1.14 billion in August to $1.06 billion in September. The drop in the non-oil and gas sector was recorded from $11.61 billion in August to $11.45 billion in September.
         "The biggest drop occurred with the export of jewelry worth $137.03 million, while the biggest increase took place with the export of iron and steel items valued at $94," he added.
         The export performance, when compared to that of September 2015, also declined by 0.59 percent.
         Non-oil and gas exports to the United States in September 2016 recorded the highest value at $1.36 billion, followed by those to China at $1.35 billion and Japan at $1.11 billion.
         "The exports to the three countries contributed to 33.28 percent of the total exports in September 2016," the BPS head remarked.
         On an accumulative basis, Indonesia's total exports in the January-September 2016 period reached $104.36 billion, down by 9.41 percent, compared to that of the same period in 2015.
         The total non-oil and gas exports in the January-September 2016 period, which stood at $94.66 billion, also dropped by 6.09 percent when compared to that of the same period a year earlier.
         Recording per sector, the industrial processed non-oil and gas exports in January 2016 declined by 3.52 percent compared to that of the same period in 2015, whereas mining and other product exports dropped by 17.97 percent and agricultural product exports also fell by 17.44 percent.
         Regarding provinces of the origin of goods, the largest exports in the January-September 2016 period came from West Java, worth $18.86 billion (18.07 percent), followed by East Java, valued at $13.96 billion (13.38 percent), and East Kalimantan, accounting for $9.92 billion (9.50 percent).
         Although Indonesia's exports dropped in the January-September 2016 period, its imports also declined during the same period and so, Indonesia still recorded a surplus of some $5.67 billion.
         According to the BPS, the value of Indonesia's imports in September 2016 amounted to $11.30 billion, falling by 8.78 percent compared to that of the previous month, which was at $12.38 billion.
         "Indonesia's imports in September 2016 amount to $11.30 billion, down by 8.78 percent from August or down by 2.26 percent when compared to September 2015," Suhariyanto said.
         Suhariyanto also asserted that non-oil and gas imports in September were valued at $9.55 billion, down by 9.77 percent compared to that of the previous month. Compared to September 2015, these imports dropped by 0.95 percent.
         Oil and gas imports in September stood at $1.74 billion, down by 2.97 percent compared to that of the previous month and down by 8.88 percent compared to last September.
         In September, cereal commodities such as wheat touched the highest value in import items at $39.0 million, while the steepest drop was in the machinery and mechanical equipment category, with a value pegged at $98.9 million.
         The cumulative value of imports from January to September crossed $98.69 billion, down by 8.61 percent compared to the same period last year. The cumulative value of oil and gas imports was $13.74 billion, down by 29.19 percent and non-oil imports were valued at $84.95 billion, down by 4.10 percent.
         The top three countries for non-oil imports in the January-September period were China, with a value of $21.99 billion, or 25.88 percent; Japan, with a value of $9.48 billion, or 11.16 percent; and Thailand, with a value of $6.64 billion, or 7.81 percent. "Non-oil imports from ASEAN countries touched 21.82 percent, while those from the European Union were at 9.17 percent," Suhariyanto pointed out.
         The import values of auxiliary raw materials from January to September decreased by 9.8 percent and capital goods by 12.66 percent. However, imported consumer goods shot up by 12.80 percent.   ***3***(A014/INE/B003)EDITED BY INE(T.A014/A/BESSR/Bustanuddin) 18-10-2016 19:17:1

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