W Sumatra Exports in September Goes Down 31.99 Percent

id W Sumatra Exports in September Goes Down 31.99 Percent

BPS.

Padang, (Antara Sumbar) - Central Bureau of Statistics (BPS) of West Sumatra, noted that province's exports in September 2017 reached 125.30 million United States (US) or fell 31.99 percent compared to August 2017 which reached 184.25 million US dollars.

"The decline in West Sumatra's export volume is affected by commodity prices so that entrepreneurs decide to reduce exports," Head of West Sumatra BPS Sukardi said in Padang on Tuesday.

The decline in West Sumatra's export volume in September occurred in several destination countries including India down 50.19 percent, US down 7.25 percent, and China down 49.11 percent.

In September, the biggest export value was fats and vegetable oils of 80.28 million US dollars, rubber and rubber goods 29.49 million US dollars and chemical products 4.97 million US dollars.

Then during the period of January to September 2017, exports to India have the greatest role to total West Sumatra exports of 37.67 percent, US 3.72 percent and Singapore 10.42 percent.

Thus, during January to September 2017, the role of total exports to three countries reached 70.82 percent, he said.

On the other hand, exports of manufacturing products also declined by 32.93 percent and exports of mining sector decreased by 24.55 percent.

While the value of West Sumatra imports in September 2017 reached 39.11 million US dollars or decreased by 10.88 percent compared to August 2017 which reached 43.89 million US dollars.

The largest imported goods group in September 2017 was mineral fuel of 25.04 million US dollars, 3.88 million US dollars of fertilizer, mechanical machinery machinery 4.68 million US dollars, dregs and the remaining food industries 3.38 million US dollar, and the paperboard category of 0.45 million US dollars.

The biggest imports still come from Singapore worth 25.15 million US dollars, China 4.92 million US dollars, Malaysia 4.67 million US dollars, Argentina 3.38 million US dollars, and Sweden 0.45 million US dollars.

Earlier, Senior Deputy Governor of Bank Indonesia Mirza Adityaswara at a meeting of local journalists, said that currently Indonesia's exports and imports have a deficit and if rupiah is too strong then it causes cheap cost of imports so that domestic production will drops.

"As a result, imports will increase in deficit and exports become uncompetitive," he said.

In 2013, Indonesia's exports and imports experienced a deficit of around 31 billion US dollars, in 2014 17 billion US dollars and in 2016 about 21 billion US dollars.

However, in the period of 2000 to 2010, Indonesia's exports and imports experienced a surplus because at that time, it was good commodity prices.

Indonesia's exports are dominated by mining and plantations, but after 2010 the commodity prices are down. (cha)

Editor: Vicha Faradika
Pewarta :
Editor: Ikhwan Wahyudi
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