VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

VOINews, Jakarta - The value of Indonesia's exports in May 2023 reached US$21.72 billion, up 12.61 percent from US$19.29 billion the previous month, according to Statistics Indonesia (BPS).

BPS deputy for balance sheets and statistical analysis, Mohamad Edy Mahmud, said that the export value in May was 0.96 percent higher compared to US$21.51 billion in May 2022.

"In the last three years, export growth one month after the holidays has always shown an increase. So this has happened repeatedly," he said in a press release.

According to Mahmud, non-oil and gas exports in May were recorded at US$20.40 billion, up 13.18 percent compared to April 2023 and up 1.94 percent compared to May 2022.

Cumulatively, Indonesia's exports in January–May 2023 reached US$108.06 billion, down 6.01 percent compared to the same period in 2022.

Meanwhile, non-oil and gas exports reached US$101.48 billion, down 6.69 percent.

Compared to April 2023, the largest increase in non-oil and gas exports in May was contributed by automotive and parts with US$373.2 million or 60.20 percent.

Meanwhile, the largest decrease was recorded in mineral fuels of US$175.8 million or 4.39 percent.

By sector, non-oil and gas exports of the processing industry fell 8.97 percent in January–May 2023 compared to the corresponding period in 2022.

Exports of agricultural, forestry, and fishery products slid by 3.95 percent, while exports of mining and other products rose 1.36 percent.

"Non-oil and gas exports account for around 93.90 percent of Indonesia's total exports. The largest portion of this percentage is obtained from the processing industry, which is 70.54 percent," he said.

Meanwhile, the largest non-oil and gas exports in May 2023 were made to China (US$4.78 billion), followed by the United States (US$2.05 billion) and Japan (US$1.77 billion), with the contribution of the three reaching 42.12 percent.

Indonesia’s exports to ASEAN and the European Union (27 countries) were recorded at US$3.97 billion and US$1.56 billion, respectively.

Based on provinces where the goods were produced, Indonesia's biggest exports in January–May 2023 came from West Java with US$14.80 billion or 13.70 percent.

The province was followed by East Kalimantan (US$12.83 billion or 11.87 percent) and East Java (US$9.63 billion or 8.91 percent). (Antaranews)