Sharpest Decline in Non-Oil and Gas Exports in the First Half of 2016

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04/08/2016 00:15 WIB

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Animal and vegetable fats and oils were the non-oil and gas commodities that experienced the sharpest export decline in the first half of 2016. From January to June 2016, the export value of these two commodities decreased by 18.8 percent from US$9.76 billion in the same period the previous year to US$7.92 billion.

The second largest decline was experienced by iron and steel products, amounting to 9.03 percent, from US$918.6 million in the first half of 2015 to US$835.6 million in the first half of 2016. Similarly, metal ores, slag, and ash also experienced a decrease of 8.56 percent, from US$1.57 billion to US$1.43 billion.

Overall, Indonesian non-oil and gas exports from January to June 2016 decreased by 9.22 percent, from US$41.08 billion to US$37.29 billion. The slowdown in the global economy, impacting the sluggish demand for world commodities, caused a decline in Indonesian non-oil and gas exports.

"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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Sharpest Decline in Non-Oil and Gas Exports in the First Half of 2016

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Related Data

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Sharpest Decline in Non-Oil and Gas Exports in the First Half of 2016

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China: Indonesia's Highest Value Non-Oil and Gas Importer in Q3 2025

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