The Central Statistics Agency (BPS) noted that Indonesia's export value in September 2020 was US $ 14.01 billion. Head of BPS, Kecuk Suhariyanto, said that this figure had increased by 6.97% compared to August 2020. Meanwhile, on an annual basis, the value of Indonesia's exports in September 2020 experienced a very slight decline of 0.5%.

"The export value during September 2020 has increased by 6.97%. Due to the increase in oil and gas exports by 17.43% and non-oil and gas exports also increased by 6.47%. So, of course this is an encouraging rhythm because exports have increased, both in terms of oil and gas and gas. non-oil and gas, "said Suhariyanto in a video conference on Thursday (15/10/2020). In detail, the value of oil and gas exports in September 2020 was recorded at US $ 0.70 billion. Meanwhile, the non-oil and gas export value was US $ 13.31 billion.

"If we compare it YoY (annually), the export value in September 2020 is still experiencing a decline, but its use is very thin because it is only 0.5%. Our export position in September 2020 is almost the same as the position in September. 2019. In September 2020 our total export value was US $ 14.01 billion in September 2019 was US $ 14.08 billion, "said Kecuk. Furthermore, on an annual basis, oil and gas exports were recorded to have decreased by 12.44%. Meanwhile, non-oil and gas exports increased by 0.21%.

The Central Statistics Agency (BPS) also recorded a trade balance in September 2020 of a surplus of US $ 2.44 billion. This surplus was due to the recorded export value of US $ 14.01 billion higher than the import value of US $ 11.57 billion. Suhariyanto said this surplus was much larger than the surplus in August 2020 of US $ 2.35 billion. It is also much bigger than the position in September 2019 when at that time there was a deficit of US $ 183.3 million.

"In September we experienced a surplus of US $ 2.44 billion. For 5 consecutive months since May, Indonesia experienced a surplus and this surplus in September is bigger than the surplus in August," he said in a video conference, Thursday (15 / 10/2020). If detailed, Indonesia's trade balance surplus by country, in July 2020 the United States (US) was the largest, namely a surplus of US $ 1.08 billion. At that time, Indonesia's exports to the US reached US $ 1.6 billion and imports at US $ 607 million. Then another surplus also occurred, with India experiencing a surplus of US $ 562.5 million and the Philippines with US $ 491.2 million. On the other hand, there were several countries that still experienced a deficit in July 2020, where as China experienced a deficit of US $ 879.2 million. Then Ukraine experienced a deficit of US $ 140.1 million and Brazil had a deficit of US $ 119.3 million.

As a whole, BPS noted that the trade balance from January to September 2020 had a surplus of US $ 13.51 billion. This surplus is much better than the position in January to September 2019 which at that time experienced a deficit.

Source: https://www.wartaekonomi.co.id/read309174/ekspor-indonesia-naik-69-di-september-2020