JAKARTA – Indonesia’s export value reached a record US$18.35 billion (RM75.7 billion) last month – the highest level since the US$18.64 billion posted in August 2011 – according to Statistics Indonesia (BPS).
The March figure reflects an increase of 20.31% compared with February 2021, and 30.47% compared with March last year – both fuelled by an increase in the export of oil and gas and non-oil and non-gas commodities.
BPS chief Kecuk Suhariyanto was quoted by Antara news agency as saying the growth is encouraging as it rose month-on-month and year-on-year.
“High demand from several countries and an increase in the prices of Indonesia’s key commodities has had a great impact on export performance in March this year,” he said.
Positive export growth was recorded in all sectors, including oil and gas, agriculture, manufacturing and mining. On a monthly basis, the oil and gas sector grew 5.28%, agriculture rose 27.06%, manufacturing increased 22.37%, and mining and other activities rose 13.68%.
Exports also showed a positive year-on-year growth, with the oil and gas sector growing 38.67%, agriculture rising 25.04%, manufacturing increasing 33.45%, and mining and others rising 11.95%. – Bernama, April 19, 2021
