Indonesia’s Exports Up 30.15% to US$27.91bn

Indonesia’s Central Statistics Agency (BPS) recorded export value in August 2022 at US$ 27.91 billion, a 30.15 percent year on year (yoy) increase.BPS deputy for distribution and service statistics Setianto said that the exports value and volume of oil and gas products, particularly oil, rose by 64.46 percent and 79.7 percent, respectively. “Because there was an increase in the average aggregate price by 52.31 percent,” he said at a press conference, Thursday, September 15.
Meanwhile, the value and volume of non-oil and gas exports increased by 28.39 percent and 9.38 percent, respectively. The aggregate non-oil and gas prices also increased by 17.38 percent. “Month to month, all sectors experienced increases in exports, except for the mining sector, which experienced a decline,” Setianto said. The biggest supporter of last month’s exports was the industry sector with US$11.79 billion. The mining sector came in second with US$55.95 billion, followed by the oil and gas sector with US$1.72 billion, and agriculture with US$460 million.