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Indonesia's Trade Not Impacted by Israel's Attack on Palestine, Says BPS

Translator

Antara

15 November 2023 20:22 WIB

TEMPO.CO, Jakarta - Israel's aggression on Palestine did not have a significant impact on Indonesian trade, according to Statistics Indonesia (BPS).

BPS' Deputy for Distribution and Service Statistics, Pudji Ismartini, stated that this was due to the small percentage of export and import activity from both Israel and Palestine to Indonesia.

"Their political conditions have no significant influence on Indonesia's international trade performance," Ismartini noted in a statement on Wednesday, November 15, 2023.

Based on the BPS records, during the January-October 2023 period, the share of Indonesian exports to Palestine was 0.0011 percent of Indonesia's total exports.

During the same period, Palestine's import share to Indonesia was 0.0000 percent.

"Because the number is too small, up to four zeros decimal digit, we cannot show the magnitude, so it is still 0.0000 percent," she added.

Meanwhile, the share of Israeli exports during the January-October 2023 period is 0.07 percent of Indonesia's total exports to Israel. The share of non-oil and gas imports from Israel to Indonesia was 0.0110 percent.

Furthermore, she highlighted that political conditions in Russia and Ukraine had no significant effect on international trade performance in Indonesia.

"The main commodity imported by Indonesia from Ukraine is cereals, and Indonesia already has an alternative market share for cereal import sources from Australia and Argentina," she noted.

The BPS data also records that Indonesia's total non-oil and gas exports to Palestine during the same period reached US$2.37 million, dominated by exports of various processed foods; processed vegetables, fruit, and nuts; flour derivatives; organic chemicals; and wood and wooden goods.

Meanwhile, Indonesia's total non-oil and gas imports from Palestine during that period had reached US$1.57 million, with the main commodities being fruit; animal and vegetable fats and oils; works of art, collectors' items and antiques; carpets and other textile floor coverings; as well as plastic and plastic goods.

Moreover, Indonesia's non-oil and gas exports to Israel during the January-October 2023 period had reached US$140.57 million comprising animal and vegetable fats and oils; footwear; electrical machines and equipment; artificial staple fiber; as well as dregs and waste from the food industry.

Meanwhile, Indonesia's non-oil and gas imports from Israel during that period had reached US$16.97 million, with the main commodities being machinery and mechanical equipment and their parts; tools and equipment of base metal; electrical machines and equipment; optical, photographic, cinematographic, and medical instruments; as well as inorganic chemicals.

ANTARA

Editor's Choice: In Japan, Bank Indonesia Promotes Local Products Trade and Investment

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