Japan, India are Indonesia's Third Largest Export Destinations

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17/05/2017 15:30 WIB

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Indonesia's Exports to Major Destination Countries, January-April 2017

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Indonesia's Exports to Major Destination Countries, January-April 2017

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Indonesia's non-oil and gas exports to India surged more than 57 percent to US$4.6 billion (Rp61.1 trillion) during the January-April 2017 period, compared to the same period the previous year. This figure is the third largest after Indonesia's exports to China and the US, surpassing Japan, which now ranks fourth as a major destination for Indonesian exports.

India's economy, growing at over six percent, boosted demand for Indonesian commodities such as palm oil (CPO), copper, coal, fruits, and chocolate. Meanwhile, Japan's stagnating economy resulted in little change in demand for Indonesian imports.

Total Indonesian non-oil and gas exports during the January-April 2017 period reached US$48.9 billion (Rp650.4 trillion), a 19.14 percent increase from the same period the previous year. Meanwhile, Indonesian non-oil and gas imports during the January-April 2017 period amounted to US$40.34 billion (Rp536.6 trillion), a 7.59 percent increase from the same period the previous year. As a result, Indonesia recorded a trade surplus of US$8.56 billion (Rp113.8 trillion).

"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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Japan, India are Indonesia's Third Largest Export Destinations

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