Indonesia's Exports January-May 2019 Down 8.61%

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Dwi Hadya Jayani 24/06/2019 18:00 WIB
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FOB Value of Oil and Gas and Non-Oil and Gas Exports, January-May 2018 and 2019
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Indonesia's exports in January-May 2019 decreased by 8.61% to US$63.12 billion compared to the same period last year, which reached US$68.11 billion. This decline was due to negative growth in almost all sectors, with oil and gas exports falling by 21.44% and non-oil and gas exports declining by 7.33%.

The largest decreases in oil and gas exports were consecutively in gas procurement (down 86.87%), oil refining industry (down 33.97%), crude oil (down 67.2%), and mining (down 19.35%). Only gas exports increased, by 6.55%.

Meanwhile, among major non-oil and gas export categories, the largest declines were seen in vegetable exports (down 17.87%), footwear (down 12.25%), rubber and rubber products (down 11.17%), and jewelry (down 11.1%). Further negative growth occurred in mechanical aircraft (down 11.03%), electrical equipment (down 7.83%), and mineral fuels (down 4.59%).

Increases in non-oil and gas exports were only recorded in three main categories: vehicles and parts (up 4.86%), iron and steel (up 30.96%), and ready-made non-knitted garments (up 1.7%).

(Read Databoks: [April 2019, Indonesia's Largest Non-Oil and Gas Exports to China and the US](https://databoks.katadata.co.id/datapublish/2019/06/21/april-2019-ekspor-nonmigas-terbesar-indonesia-ke-tiongkok-dan-as))

Editor : Hari Widowati

"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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