Indonesia's Bauxite Industry Export Volume and Value 2013-2023

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Adi Ahdiat 27/09/2024 14:56 WIB

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According to BPS data, the export performance of Indonesia's bauxite processing industry has shown a weakening trend over the past decade.

Indonesia's Bauxite Basic Metal Processing Industry: Export Volume and Value (2013-2023)

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Indonesia's Bauxite Basic Metal Processing Industry: Export Volume and Value (2013-2023)

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Indonesia is one of the world's largest bauxite producers. However, the export performance of its processing industry weakened in 2023.

According to data from the Central Statistics Agency (BPS), the export volume of the basic bauxite metal processing industry in 2023 was only 396.1 tons, down 41.6% year-on-year (yoy) compared to 2022. The export value also decreased by 55.6% (yoy) to US$448,400.

A downward trend in bauxite processing industry exports has been observed since 2016, as shown in the graph.

Bauxite is a raw material for making aluminum, a crucial metal used in various industries ranging from automotive and household appliances to renewable energy technology.

However, Indonesia only established its first smelter, or bauxite processing facility to produce finished aluminum, this year.

This smelter, owned by PT Borneo Alumina Indonesia and located in Mempawah Regency, West Kalimantan, was inaugurated by President Jokowi in September 2024.

"The construction of this smelter is our effort to pave the way for Indonesia to become an industrial nation, processing our own natural resources, and no longer exporting raw materials," Jokowi said, as reported by the Indonesian Cabinet Secretariat website on Tuesday (September 24, 2024).

"Stop exporting raw materials, process them ourselves, because the added value will benefit the people and the nation," he added.

Editor : Adi Ahdiat

"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."