Mining Exports Soar 182.48% in April, Driven by Coal

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Dzulfiqar Fathur Rahman 17/05/2022 16:10 WIB

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Mining and other exports grew by 182.48% to US$6.41 billion in April, year-on-year, according to the Central Statistics Agency (BPS).

Annual Growth of Goods Exports by Sector (April 2022)

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Mining Exports Soar 182.48% in April, Driven by Coal

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Annual Growth of Goods Exports by Sector (April 2022)

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Indonesia recorded robust year-on-year growth in mining sector goods exports in April. The Central Bureau of Statistics (BPS) reported this was driven by a surge in commodity prices.

Mining and other exports grew by 182.48% to US$6.41 billion in April compared to the previous year. This sector is the second-largest contributor to Indonesian goods exports, but it showed the fastest growth rate.

The rapid growth in mining exports was largely due to a surge in commodity prices, particularly key Indonesian trading commodities such as coal. The price of coal rose by 238.83% to US$302 per ton in April, according to the BPS.

Manufacturing goods exports, the largest contributor to Indonesian goods exports, grew by 27.92% to US$19.09 billion in April year-on-year.

Overall, Indonesian goods exports grew by 47.76% year-on-year to US$27.32 billion in April. This growth rate continues the acceleration trend observed since February.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Mining Exports Soar 182.48% in April, Driven by Coal

Mining Exports Soar 182.48% in April, Driven by Coal

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Mining Exports Soar 182.48% in April, Driven by Coal

Mining Exports Soar 182.48% in April, Driven by Coal

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