Business News
Statistics Indonesia (BPS) Records Aceh's Exports Reaching USD 609.3 Million in 2023
Aceh Province's export value for 2023 recorded a notable decline, totaling USD 609.3 million, marking an 18.30% decrease from the previous year's USD 745.8 million. Key commodities driving these figures included coal (USD 338.58 million), coffee and spices (USD 98.07 million), and vegetable oil (USD 43.88 million). In the broader…
Manufactured Product Exports Reach USD 171.23 Billion in January-November 2023
The manufacturing industry consistently maintains its position as the leading contributor to Indonesia's export achievements. From January to November, manufactured products continued to dominate, registering a substantial value of over USD 171.23 billion. Minister of Industry, Agus Gumiwang Kartasmita, expressed satisfaction with the well-managed growth of the manufacturing industry, emphasizing…
Fortunate Turn: Surge in Indonesia's Coal Exports in 2023
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif has addressed the notable surge in Indonesia's coal export realization throughout 2023. This upswing is attributed to heightened demand from various nations, coupled with disruptions in alternative energy supply chains that have redirected attention to Indonesia. Arifin disclosed that the pressure…
Indonesia's Structural Steel Exports to Canada Surpass USD 2 Million Milestone
Indonesia's manufacturing sector, buoyed by the rising competitiveness of local products and an increasing demand for exports, particularly in the global market, is confidently expanding its footprint. Among the manufacturing subsectors demonstrating outstanding performance amid global economic slowdown is the basic metal industry, renowned as the "mother of industry," playing…
