Mining Exports Soar 92.13% in July 2022

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Dzulfiqar Fathur Rahman 15/08/2022 17:20 WIB

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Indonesia's mining exports surged 92.13% year-on-year to US$6.37 billion in July, according to the Central Statistics Agency (BPS).

Annual Export Growth, by Sector (July 2022)

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Mining Exports Soar 92.13% in July 2022

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Annual Export Growth, by Sector (July 2022)

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The Central Statistics Agency reported that Indonesia's goods exports in July 2022 reached US$25.57 billion. This figure is up 32.03% from the previous year.

Exports from the mining sector still led annual goods export growth in July, although the surge in commodity prices is starting to show signs of easing.

The mining sector grew 92.13% to US$6.37 billion in July from the previous year. Exports from this sector recorded the fastest growth rate.

Oil and gas exports rose 40.48% to US$1.38 billion in July from the previous year. Despite its rapid growth rate, this commodity's contribution to total goods exports was only 5.38%.

Meanwhile, the manufacturing sector only increased by 18.12% to US$17.44 billion in July from the previous year.

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 92.13% in July 2022

Mining Exports Soar 92.13% in July 2022

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