Indonesia's Leading Non-Oil and Gas Export Commodity in July 2023: Minerals

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Nabilah Muhamad 16/08/2023 17:24 WIB

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According to the Indonesian Central Bureau of Statistics (BPS), Indonesia's non-oil and gas exports reached US$19.65 billion in July 2023. Mineral fuels were the highest-value commodity, reaching US$3

Non-Oil and Gas Export Value by Commodity*

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Non-Oil and Gas Export Value by Commodity*

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Indonesia's Central Bureau of Statistics (BPS) recorded non-oil and gas exports at US$19.65 billion in July 2023. This figure shows a slight increase of 1.62% (month-to-month/mom) compared to June 2023, which stood at US$19.34 billion.

Based on commodities, mineral fuels were the largest contributor to Indonesia's non-oil and gas exports, contributing US$3.14 billion in July 2023.

Despite being the largest contributor, this commodity experienced the biggest decline, falling by 6.93% from the previous month.

The second largest contributor was vegetable and animal fats and oils, with exports valued at US$2.72 billion, down 0.93% from the previous month.

Third was machinery and electrical equipment and parts, contributing US$1.23 billion. Exports in this category grew by 6.67% in July 2023.

Fourth was nickel and nickel products, with exports valued at US$581.4 million. This commodity recorded the highest growth among others, reaching 43.29%.

Fifth was various chemical products with exports valued at US$513 million, growing by 11.14% month-on-month.

Although non-oil and gas exports increased month-on-month, cumulatively, from January to July 2023, they are projected to have plummeted by 10.76%.

BPS recorded that from January to July 2022, national non-oil and gas exports reached US$157.41 billion. This figure decreased to US$140.46 billion in the same period this year.

(Read also: Indonesia's Nickel Exports Primarily to China in Mid-2023)

Editor : Erlina Fury Santika

"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 Leading Non-Oil and Gas Export Commodity in July 2023: Minerals

Indonesia's Leading Non-Oil and Gas Export Commodity in July 2023: Minerals

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