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Indonesian exports decline in April: BPS
The value of Indonesian exports dropped by 10.30 percent to US$13.17 billion in April, from $14.67 billion in the previous month, according to the Central Statistics Agency (BPS)
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Central Statistics Agency (BPS) head Suhariyanto (center) speaks during a press briefing on Indonesia's trade balance in Jakarta. (JP/Prima Wirayani)
T
he value of Indonesian exports dropped by 10.30 percent to US$13.17 billion in April, from $14.67 billion in the previous month, according to the Central Statistics Agency (BPS).
"Since April 2012, export value in April was always lower than the figure in March," said BPS chief Suhariyanto at a press conference in Jakarta on Monday as reported by Antara.
The export of oil products plunged by 51.89 percent to $87.1 million; the export of crude oil tumbled by 50.65 percent to $302.6 million, while the value of gas export went down by 18.31 percent to $587.2 million.
The decline in export value is in line with a drop in the volume of oil and gas export. The volume of oil and gas export plummeted by 43.69 percent, crude oil export fell 49.23 percent and gas export also dropped by 24.33 percent.
Meanwhile, non-oil and gas exports were recorded at $12.19 billion, down by 7.43 percent from a previous month.
China is the biggest market for Indonesian exports, with the value reaching $1.57 billion, followed by the US, with $1.36 billion and India with $1.19 billion (bbn)
