The Central Statistics Agency (BPS) released data showing that Indonesia's export value in August 2017 grew by 11.73 percent to US$15.21 billion compared to the previous month. This figure also increased by 19.24 percent compared to August 2016. The August export increase was driven by jewelry/gems, which rose by more than 107 percent to US$380.6 million.
Meanwhile, the import value in August 2017 decreased by 2.88 percent to US$13.49 billion compared to the previous month. However, compared to August 2016, it still recorded an increase of 8.8 percent. Non-oil and gas imports fell by 4.8 percent to US$11.53 billion, while oil and gas imports rose by 10.16 percent to US$1.96 billion compared to the previous month.
Cumulatively (January-September) 2017, the export value increased by 17.58 percent to US$108.79 billion from the same period the previous year. Similarly, the import value in the same period also rose by 14.06 percent to US$99.68 billion. As a result, the national trade surplus for the year surged by 77.6 percent to US$9.1 billion, up from US$5.13 billion previously.
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