Tuesday, 17 April 2018 08:21

Exports Up 10.24 percent in March 2018

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Exports Up 10.24 percent in March 2018 faktanews

Indonesia`s exports rose 10.24 percent to US$15.58 billion in March 2018, from $14.13 billion a month earlier, according to the Central Statistics Agency (BPS). March 2018`s exports were fueled by a 11.77 percent rise in non-oil/non-gas exports, while oil/gas exports fell 3.81 percent, BPS Chief Suhariyanto noted in a press briefing here on Monday.

"Compared to February 2018, there is a 10.24 percent increase due to a rise in non-oil/non-gas exports," he remarked.

According to BPS, non-oil/non-gas exports made up 91.41 percent of the overall exports in March 2018, with the export of farm commodities rising 20.01 percent, manufactured goods rising 9.17 percent, and mining products rising 22.66 percent. Non-oil/non gas exports in March 2018 were valued at $14.24 billion, up 11.77 percent compared to February 2018, or 8.16 percent compared to March 2017. Mineral fuel was among the non-oil/non-gas commodities, which recorded the highest increase of $358.9 million, or 18.58 percent, in March 2018; followed by iron and steel at $209.7 million; and metal ore, crust, and ash at $133.3 million.

China remained the biggest market for Indonesia`s non-oil/non-gas exports in March 2018, with $2.36 billion; followed by the United States, with $1.59 billion; and Japan, with $1.43 billion. Non-oil/non-gas exports to the three countries made up 37.78 percent of the total. Meanwhile, non-oil/non-gas exports to 28 European Union countries were valued at $1.53 billion. 

Cumulatively, Indonesia`s exports in January to March 2018 period reached $44.27 billion, up 8.78 percent compared to the same period last year. (antara)

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