Indonesia trade surplus rises to $900m in June
JAKARTA (TheInsiderStories) – Indonesia recorded trade surplus of US$900 million in June, increased from May’s revised trade surplus of $380 million, driven by strong exports of electronics, auto parts and rubber products, the statistics bureau said.
Data issued by the Central Bureau of Statistics (BPS) showed that Indonesia posted exports of US$12.92 billion in June, increased 12.18 percent from May 2016, but fell 4.42 percent from June 2015.
Non-oil and gas exports reached US$11.73 billion, up 11.12 percent from May 2016, but edged down 2.85 percent from June 2015.
Cumulatively, Indonesia’s January-June exports reached US$69.51 billion or down 11.37 percent from the same period last year, while non-oil and gas exports in the six months period reached US$63.01 billion, fell 7.92 percent.
BPS said imports in June reached US$12.02 billion or up 7.86 percent from May 2016, but fell 7.41 percent from June 2015.
Non-oil and gas imports in June amounted to US$10.33 billion or increased 9.07 percent from May 2016, but edged down 0.66 percent from June 2015.
Oil and gas imports in June 2016 reached US$1.69 billion or up 1.02 percent from May, but fell 34.61 percent from June 2015.
Cummulatively, imports in January-June amounted to US$65.92 billion or fell 10.86 percent from the same period last year. Of this, US$8.61 billion were oil and gas imports and non-oil and gas imports reached US$57.30 billion (down 5.83 percent).
Non-oil and gas exports to US was the largest in June amounting to US$1.62 billion, followed by followed by Japan worth US$1.24 billion and China US$1.21 billion. The contribution of the three countries to total exports reached 34.73 percent compared to 30.95 percent in May. Exports to European Union (EU) – 28 countries – amounted to US$1.24 billion. (*)
Source: The Insiderstories
Indonesia trade surplus rises to 0m in June