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BPS: Chinese Imports Dominate Indonesian Market, Led by Machinery and Electronics

16 July 2024 08:37 WIB

TEMPO.CO, JakartaStatistics Indonesia (BPS) revealed that imported products from China dominated Indonesia's non-oil and gas import landscape in June 2024. BPS Acting Head Amalia Adininggar Widyasanti highlighted machinery, electrical equipment, and plastic goods as the leading categories of imported Chinese products.

“Products that are mostly imported from China are machines and mechanical equipment or HS 84,” Amalia said at a press conference in Jakarta on Monday, July 15.

She explained that this category saw a 5.22% increase month-on-month, but experienced a 16.29% annual decline. However, the first half of 2024 cumulatively showed a 17.76% increase.

Electrical equipment and components ranked second, she continued. In detail, the category experienced a monthly increase of 4.43% but an annual decrease of 15.47%. Conversely, there was a cumulative growth of 4.95% in the first half of 2024.

Plastic and processed plastic products secured the third spot, contributing 4.89% to the total non-oil and gas import value. “The value of imported plastic and processed plastic products increased by 40.7 percent in June compared to last year,” said Amalia.

Overall, Indonesia's non-oil and gas imports reached US$8.45 billion in June, reflecting a 4.89% decrease from May 2024. China remained the leading contributor to this import value, accounting for a substantial 35.20%. This figure significantly surpassed contributions from ASEAN (12.84%), Japan (7.20%), and Singapore (6.13%).

NANDITO PUTRA

Editor’s Choice: Indonesian Car Export Hits US$2.78 in First Half of 2024, BPS Reports

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