Indonesia's Exports Reach USD 26 Billion in June 2022, Soaring 40.6 Percent
The Central Statistics Agency (BPS) reported that Indonesia recorded an export value of USD 26.09 billion as of June 2022. That number rose 21.30 percent on a monthly basis (month to month/MtM) and 40.68 percent on an annual basis (year on year/year). YoY).
Head of BPS Margo Yuwono said that non-oil and gas exports contributed 94.13 percent of the total exports in June 2022.
"If you look at non-oil and gas exports, our exports are supported by animal/vegetable fats and oils, where month to month the increase is very expressive by 300.66 percent," said Margo, Friday (15/7/2022).
Also the increase is quite high, namely vehicles and their parts by 40.11 percent. As for oil and gas exports, this was due to the increase in crude oil exports, which increased by 69.8 percent month to month.
"Export development by sector, each oil and gas increased 2.45 percent, agriculture 23.30 percent, manufacturing industry 29.21 percent, and other mining increased 6.22 percent," explained Margo.
Seen by sector, the highest increase was in the manufacturing sector, which amounted to USD 18.27 billion or an increase of 29.21 percent. The drivers of increasing exports for the processing industry came from palm oil commodities, apparel from textiles.
The second largest was contributed by the mining and other sectors amounting to USD 5.93 billion, which increased 6.22 percent on a monthly basis and 103.60 percent on an annual basis.
Then the oil and gas sector, which contributed up to USD 1.53 billion, rose 2.45 percent on a monthly basis and 23.68 percent on an annual basis.
Followed by the agriculture, forestry and fishery sectors which amounted to USD 0.36 billion. That number rose 23.30 percent on a monthly basis and 11.69 percent on an annual basis.