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Indonesian Exports Up 8.39% in December

Translator

Ririe Ranggasari

Editor

Laila Afifa

16 January 2021 11:05 WIB

TEMPO.CO, Jakarta - The central statistics agency, Statistics Indonesia or BPS, recorded December's export value at US$16.54 billion. The figure reflects an 8.39 percent increase from the previous month, while on a yearly basis the value grew 14.63 percent.

BPS chief Suhariyanto said the increase was triggered by increasing commodity prices in international markets.

"Many commodities experienced price hikes," Suhariyanto said on Friday, January 15.

Among those is the Indonesia Crude Price (ICP), which gained 17.48 percent to US$47.78 per barrel.

Coal also experienced a 28.93 percent monthly price gain while CPO rose 6.62 percent.

Read: Sumatra Coffee Export Drops in 2020 Due to the Pandemic

Fajar Pebrianto

ExportBPSCPOCommodityCommodity Prices


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