Indonesia did not export any goods to Ukraine in March 2022.

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Dzulfiqar Fathur Rahman 19/04/2022 14:00 WIB

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Indonesia's Central Bureau of Statistics reports that the value of Indonesian goods exported to Ukraine was recorded as zero, while the value of imports from that country was still recorded at US$6.6

Indonesia's Trade Value with Ukraine (January-March 2022)

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Indonesia did not export any goods to Ukraine in March 2022.

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Indonesia's Trade Value with Ukraine (January-March 2022)

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According to a report by the Central Statistics Agency (BPS), Indonesia did not export any goods to Ukraine in March 2022, resulting in a recorded value of zero.

A year earlier, in March 2021, Indonesia had exported goods to Ukraine valued at US$47.1 million. These exports included animal or vegetable fats and oils, paper or cardboard, and footwear.

These exports ceased amidst the Russia-Ukraine war, which began in late February 2022. This war has disrupted global trade flows, particularly for commodities such as wheat, impacting many countries, including Indonesia.

Meanwhile, imports of goods from Ukraine to Indonesia remained relatively stable, with total imports valued at US$6.6 million in March 2022. This figure represents a 19.51% decrease year-on-year (yoy).

Indonesia's imports from Ukraine in March 2022 primarily consisted of cereals, iron and steel, and mechanical machinery or aircraft.

Consequently, Indonesia recorded a trade deficit with Ukraine of US$6.6 million in March 2022, reversing the surplus of US$38.9 million recorded the previous year.

Cumulatively, during the January-March 2022 period, Indonesia recorded a trade deficit with Ukraine of US$13.5 million.

(Also read: Ukrainian Refugees Reach 4.3 Million by Early April 2022)

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."

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Indonesia did not export any goods to Ukraine in March 2022.

Indonesia did not export any goods to Ukraine in March 2022.

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