Tuesday, 19 March 2024 04:03

The Performance of Indonesia's Non-Oil and Gas Main Commodity Import Values Reaches USD 5.96 Billion

The Central Statistics Agency (BPS) recorded the value of Indonesia's non-oil and gas main commodity imports reaching USD 5.96 billion or approximately IDR 93.25 trillion (assuming an exchange rate of IDR 15,646) in February 2024. Acting Head of BPS, Amalia Adininggar Widyasanti, stated that the total portion of imports for these three commodities amounted to 38.53% of Indonesia's total non-oil and gas imports during the period of February 2024. She mentioned during a press conference at the BPS Office in Jakarta on Friday (15/3) that machinery and electrical equipment experienced a monthly decline. Specifically, on a month-to-month basis, the import value of machinery/mechanical equipment decreased by 3.91% to USD 2.75 billion from USD 2.86 billion. Despite the monthly decline in machinery imports by USD 112.01 million, it still increased by 20.23% compared to the same period last year, reaching USD 2.29 billion in February 2023.


Additionally, the performance of the import value of electrical machinery/equipment also experienced a monthly weakening of 2.51% from USD 2.31 billion in January 2024 to USD 2.25 billion in February 2024. "The decline in electrical machinery imports and its components occurred both in terms of value and volume," she added. Meanwhile, the import value performance of plastic commodities or plastic goods was the only one to increase throughout February 2024, with its import value rising by 6.05% to USD 0.96 billion. "Imports of plastic commodities or plastic goods have increased both in terms of value and volume," she concluded. For reference, BPS noted that Indonesia's non-oil and gas import value experienced a 2.12% decline on a month-to-month basis, amounting to USD 15.46 billion during the period of February 2024.

Source: https://amp.kontan.co.id/news/kinerja-nilai-impor-komoditas-utama-nonmigas-ri-capai-us-596-miliar

 

 

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