July 2016, Exports of Capital Goods and Jewelry Decline

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15/08/2016 12:50 WIB

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Non-Oil and Gas Exports, June-July 2016

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Indonesia's non-oil and gas exports decreased during July 2016. The Central Bureau of Statistics (BPS) stated that the main factors contributing to this decline were a 45 percent drop in jewelry and gemstone exports and a 29 percent decrease in electrical machinery/equipment exports.

In addition to these commodities, other contributing factors to the decline included exports of machinery and mechanical appliances, ready-made non-knitted garments, and ore, slag, and ash. Iron and steel products were the only category to record a significant increase in export value, reaching 130 percent. Other export commodities, such as wood pulp and paper, industrial waste and scrap, live animals, aircraft and parts, showed increases of less than 20 percent.

The BPS noted that during the January-July 2016 period, these ten commodity groups contributed 25.5 percent to total non-oil and gas exports. In terms of growth, exports in these categories decreased by 1.02 percent compared to the same period last year.

"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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July 2016, Exports of Capital Goods and Jewelry Decline

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