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Exports up 3.62 percent in October
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Central Statistics Agency (BPS) head Suhariyanto said the trend for export during the year has been positive. (tempo.co/M Julis Firmansyah)
E
xport in October continued to increase by 3.62 percent on a monthly basis to US$15.09 billion, as well as import, which was up 11.04 percent to $14.19 billion, as commodity prices and global demand continued to stay relatively high.
Central Statistics Agency (BPS) head Suhariyanto said prices of some non-oil and gas commodities were up, while the prices of some others were down in October, compared to the prices in the previous month.
Commodities with higher prices included coal, kernel palm oil, copper and cacao, while those with lower prices include rubber and silver.
The trade figures led to a surplus of $895 million, or down by 49 percent month-on-month (mom) and down by 27.4 percent year-on-year (yoy).
The non-oil trade surplus reached $1.68 billion, while oil and gas posed a deficit at $792.2 million.
"The trend for export during the year, except in June, has seen progress. We hope this continues, especially in November and December, which usually sees an uptick in demand," Suhariyanto said. (bbn)
