Deepest Decline in Capital Goods Imports During the First Semester of 2020
- A Small
- A Medium
- A Bigger
From January to August 2020, Indonesia's import value reached US$92.1 billion. This figure represents an 18% decrease compared to the same period in the previous year, which amounted to US$112.4 billion. The sharpest decline was observed in capital goods, falling 20% from US$18.5 billion to US$14.7 billion. Imports of raw materials/intermediate goods saw the second-highest decrease at 19%.
These two import categories contribute significantly to Indonesia's total imports, with raw materials/intermediate goods accounting for 74% and capital goods for 16%. Furthermore, such a substantial decrease in imports could impact economic activity, particularly in the manufacturing sector.
However, compared to the previous month, only capital goods imports experienced a decline, falling 9% from US$2 billion in July 2020 to US$1.8 billion in August 2020.
"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."
Related Data
Market Data
| Name | Value | % | |
|---|---|---|---|
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Nilai Tukar USDIDR | 18.004 | +0.09 | |
| Neraca perdagangan (Apr) | 89,10 | -97.32 | |
| Ekspor Migas (Apr) | 1,16 | -9.81 | |
| Impor Migas (Apr) | 4,60 | +45.09 | |
| Ekspor (Apr) | 25,30 | +12.32 | |
| Impor (Apr) | 25,21 | +31.28 | |
| Kunjungan Wisman (Apr) | 1,25 | +14.75 | |
| Inflasi yoy (Mei) | 3,08% | +0.66 | |
| Inflasi mom (Mei) | 0,28% | +0.15 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| NTP (Mei) | 113,79 | +1.34 |