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Indonesia's Export and Import Values Increased in June 2022

Cindy Mutia Annur 18/07/2022 17:00 WIB

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Indonesia's export and import values increased in June 2022, according to a BPS report.

Indonesia's Export and Import Values (June 2021 - June 2022)

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Indonesia's Export and Import Values Increased in June 2022

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Indonesia's Export and Import Values (June 2021 - June 2022)

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Indonesia's Central Bureau of Statistics (BPS) reports show that export values reached US$26.09 billion in June 2022.

On a month-on-month (mom) basis, this figure increased by 21.30% compared to May 2022's export value of US$21.50 billion.

According to BPS records, the increase in June 2022 exports compared to May 2022 was due to a 22.71% mom increase in non-oil and gas exports, from US$20.01 billion to US$24.55 billion. Meanwhile, oil and gas exports increased by 2.45% (mom) from US$1.49 billion to US$1.53 billion.

Similar to exports, import values also increased month-on-month in June 2022.

Indonesia's import value was recorded at US$21 billion in June 2022, a 12.87% mom increase compared to May 2022's value of US$18.60 billion.

This month-on-month increase in import value was driven by a 9.52% mom increase in oil and gas imports to US$3.67 billion. Non-oil and gas imports also increased by 13.60% (mom) to US$17.33 billion.

In June 2022, export values exceeded import values, resulting in a trade surplus of US$5.09 billion. This figure is up from the May 2022 surplus of US$2.90 billion.

Indonesia's Export-Import Values Compared to the Previous Year

Indonesia's export-import values also showed an increase year-on-year (yoy).

Compared to June 2021, export values in June 2022 increased by 40.68% (yoy). Non-oil and gas exports increased by 41.89% (yoy), and oil and gas exports increased by 23.68% (yoy).

Cumulatively, Indonesia's export value from January to June 2022 reached US$141.06 billion, a 37.11% yoy increase compared to the same period in the previous year, which totaled US$102.88 billion.

Non-oil and gas imports in June 2022 also increased year-on-year by 16.15% (yoy), and oil and gas imports increased by 59.84% (yoy).

Cumulatively, Indonesia's import value from January to June 2022 reached US$116.18 billion. This is a 21.98% yoy increase compared to the same period in the previous year, which totaled US$91.04 billion.

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's Export and Import Values Increased in June 2022

Indonesia's Export and Import Values Increased in June 2022

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Indonesia's Export and Import Values Increased in June 2022

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