Indonesia's Exports Up 11.73 Percent in August

id Indonesia's Exports Up 11.73 Percent in August

Indonesia's Exports Up 11.73 Percent in August

Illustration. (Antara)

Jakarta, (Antara Sumbar) - Indonesia's exports were valued at US$15.21 billion in August 2017, or an increase of 11.73 percent from July's exports of US$13.6 billion.

Increase was recorded month to month in exports of both oil and gas and other commodities. Exports of oil and gas rose 9.61 percent, head of the Central Bureau of Statistics Suhariyanto told reporters here on Friday (Sept 15).

The price of Indonesian crude oil rose from US$45.88 in July to US$48.43 per barrel in August 2017.

Cumulatively, the country's exports in the first 8 months of the year were valued at US$108.79 billion or an increase of 17.58 percent year-on-year. Commodities other than oil and gas contributed US$98.77 billion to the total export value or an increase 17.73 percent.

Among the commodities outside oil and gas the strongest growth was recorded in the exports of jewelry rising 107.47 percent to US$380.6 million.

China was the largest buyer for commodities other than oil and gas accounting for US$1.95 billion of the exports followed by the United States to which exports of commodities other than oil and gas were valued at US$1.61 billion and Japan US$1.27 billion and the 28 European Union countries US$1.41 billion.

Among the country's 34 provinces, West Java was the largest exporters contributing 17.46 percent to the country's total exports in value followed by East Java 11.15 percent and East Kalimantan 10.34 percent. (*)

Editor: Vicha Faradika