Import-Export Performance Unsatisfactory Despite Surplus

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  • Kapal kontainer. REUTERS/Stringer/Files

    Kapal kontainer. REUTERS/Stringer/Files

    TEMPO.CO, Jakarta - The Central Statistics Agency (BPS) has rated that export import performance from January to May was not satisfactory even though it experienced surplus for five months in a row.

    The BPS noted that surplus on January-May was US$3.75 billion, which is opposite to the same period last year that had deficit of US$860 million. However, BPS chief Suryamin said surplus did not necessarily affect the real sector.

    Surplus on January-May was resulted from the decrease in year on year import by 17.9 percent to US$61 billion amidst export contraction by 11.8 percent to US$64.7 billion though Indonesia’s industry still depends on imported raw materials and capital goods.

    “Import can drive other sectors if processed. This decline in import needs a special attention,” said Suryamin on Monday.