Indonesia's Central Bureau of Statistics (BPS) recorded that imports to Indonesia reached US$105.8 billion by November 2016. This figure is down 1.87 percent from the previous year's US$107.8 billion. To date, China is Indonesia's largest import partner with a value of US$27.5 billion (26 percent), followed by Japan with US$11.8 billion (11.15 percent), and Thailand with US$8 billion (7.6 percent).
The global economic climate is currently unstable, impacting Indonesia's economic environment. This has resulted in a decrease in Indonesia's export and import values. In addition to the decline in export value, the decrease in non-oil and gas import demand is considered an indication of declining absorption capacity, productivity, and industrial competitiveness in Indonesia. If this condition persists, it will further exacerbate the sluggishness of the real sector, particularly the industrial sector.
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