Mon, 02 Aug 2021

Indonesia's exports, imports jump in May

Xinhua
15 Jun 2021, 23:49 GMT+10

JAKARTA, June 15 (Xinhua) -- Indonesia recorded the export value of 16.6 billion U.S. dollars and the import value of 14.23 billion U.S. dollars in May 2021, a jump by 58.76 percent and 68.68 percent respectively compared with those in the same month of last year.

Indonesia's exports and imports were showing signs of recovery, Kecuk Suhariyanto, head of Indonesia's Central Agency of Statistics, said on Tuesday.

However, compared with April 2021, the export value was down by 10.25 percent and the import value down by 12.16 percent.

"The largest increase in exports was in mineral fuels by 281.9 million dollars or 13.91 percent, while the largest decline in exports happened in the automotive sector by 272 million dollars or 34.33 percent," Suhariyanto noted.

From January to May 2021, the overall value of Indonesia's exports reached 83.99 billion dollars, up by 30.58 percent compared with the same period of last year. Indonesia's largest exports during this period went to China, the United States and Japan, with a value of 17.12 billion dollars, 9.34 billion dollars and 6.25 billion dollars respectively.

The decrease in monthly imports occurred in machinery and electronic equipment by 422.1 million dollars and the increase was recorded in ore, slag, and metal ash by 140.0 million dollars.

The largest suppliers of oil and gas commodities to Indonesia from January to May 2021 are China, Japan, and South Korea, with a value of 20.56 billion dollars, 5.28 billion dollars and 3.71 billion dollars respectively.

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