September 2017, Indonesia's Export Value Down 4.5 Percent

The Central Statistics Agency (BPS) recorded that Indonesia's export value in September 2017 decreased by 4.51 percent to US$ 14.54 billion (Rp 195.7 trillion) compared to the previous month, but compared to September 2016, it still showed a 15.6 percent increase. Accumulatively, the export value for the January-September 2017 period still recorded a growth of 17.36 percent, reaching US$ 123.36 billion compared to the same period the previous year.

Similarly, Indonesia's import value in September 2017 also decreased by 5.5 percent to US$ 12.78 billion compared to the previous month, but compared to the same month of the previous year, it increased by 13.3 percent. Accumulatively, the import value for the January-September 2017 period grew by 13.97 percent, reaching US$ 112.49 billion.

Meanwhile, the trade balance in September 2017 again recorded a surplus of US$ 1.76 billion, increasing by 2.3 percent compared to the previous month's US$ 1.72 billion. Accumulatively, Indonesia's trade balance for the January-September 2017 period surged by 69.5 percent to US$ 10.87 billion compared to the same period the previous year.