The Central Statistics Agency (BPS) noted that Indonesia’s trade balance in September was again in surplus by US$ 3.26 billion. This achievement is a surplus for 53 consecutive months since May 2020.
Previously, the national trade balance in August was in surplus on a monthly basis of US$ 2.40 billion. BPS reported that the export value in September was recorded at US$ 22.08 billion, down 5.80%, while for imports, BPS noted that in September 2024, the total import value reached US$ 18.82 billion or down 8.91% from August 2024.
“In September 2024, the goods trade balance was recorded in surplus of US$ 3.26 billion or up US$ 0.48 billion on a monthly basis, thus Indonesia’s trade balance has recorded a surplus for 53 consecutive months since May 2020,” said Acting Head of BPS Amalia A. Widyasari at her office, Tuesday (15/10/2024).
“The monthly decline in import value was driven by a decline in the value of non-oil and gas imports and also a decline in the value of oil and gas imports,” said Amalia.
Amalia added that the trade balance surplus in September 2024 was higher compared to the previous month but lower compared to the same month last year.
“The surplus condition in September 2024 was supported by a surplus in non-oil and gas commodities of US$ 4.62 billion and the commodities that contributed the first surplus were mineral fuels hs27 animal and vegetable fats and oils HS 15 and iron and steel or hs72,” concluded Amalia.
October 15, 2024, detikFinance
(https://finance.detik.com/berita-ekonomi-bisnis/d-7588753/impor-ri-september-turun-8-91-jadi-us-18-82-miliar)