Indonesia's Non-Oil and Gas Export Value Hikes Up in China, Slows Down in EU and ASEAN

TEMPO.CO, Jakarta - Acting Head of Statistics Indonesia Amalia Adininggar Widyasanti reported that throughout the year, Indonesia's export value in the non-oil and gas sector increased in China. "Meanwhile, the export value to the EU and ASEAN countries experiencing a decline," she said during a virtual press conference live-streamed on BPS's official YouTube channel on Friday, September 15, 2023.

Out of Indonesia's main export destinations, namely China, ASEAN, the US, India, and the EU, a rise in monthly and yearly export value only occurred in China. This August, Statistics Indonesia recorded that the export value to China reached 25.99%, a rise compared to last year's 23.44% in the same month.

Meanwhile, yearly non-oil and gas exports to ASEAN and the EU experience a downward trend. The total exports to ASEAN in August 2023 reached US$3.82 billion, equal to 18.47% of export value. This number is lower compared to August 2022 which recorded an export value of 18.50%.

The same thing occurred with the non-oil and gas export to the EU, recording US$1.26 billion or 6.11% in August 2023, a decline from the 8.77% export value in August 2022.

Cumulatively, the total exports from January to August 2023 in ASEAN reached US$30.27 billion, equal to 18.78% of the total export value. This number is a decline to the same period in 2022 which recorded 19.68% of export value.

Similar to ASEAN, the total exports to the EU from the January to August 2023 period also experienced a decline from the same period last year, recording 7.01% export value from the previous 7.87%. The total export in the EU was US$11.29 billion.

RIANI SANUSI PUTRI

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