Friday, May 2, 2014

Balance of Trade Surplus U.S. $ 0.68 Billion

Central Statistics Agency ( BPS ) recorded Indonesia's trading surplus in March amounted to U.S. $ 0.68 billion . This is thanks to the amount of the non-oil sector surplus of U.S. $ 2.05 billion , while the oil and gas sector trade balance deficit of U.S. $ 1.37 billion .

Head of BPS , Suryamin , at his office today revealed the value of Indonesian exports in March reached U.S. $ 15.21 billion, up 3.95 percent compared to February exports .

" Cumulatively , the value of Indonesia's exports in January-March reached U.S. $ 44.32 billion, down 2.42 percent from the same period of 2013. Similarly, non-oil exports reached U.S. $ 36.45 billion, down 2.20 per cent , " he said .
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By sector , industrial exports in January- March 2014 rose 3.55 percent over the same period last year . In addition , the export of agricultural products rose 4.87 percent , while exports of mining products and other down 24.19 percent .

Furthermore, he explained , the value of imports of Indonesia in March of this year reached U.S. $ 14.54 billion, up 5.42 percent compared to February 2014 . However , when compared to March 2013 Indonesian imports fell 2.34 percent .

Non-oil imports in March 2014 reached U.S. $ 10.53 billion, or naik1 , 94 percent compared to February 2014 , while imports when compared to March last year , it dropped 4.10 percent .

He said oil imports in March 2014 reached U.S. $ 4.01 billion, rose 15.83 percent compared to February 2014 , while imports when compared to March 2013 , the value rose 2.61 percent .

He added , the cumulative value of imports from January to March this year amounted to U.S. $ 43.25 billion, down 5.27 percent compared to the same period imports last year . Cumulative value of imports consist of oil imports of U.S. $ 11.01 billion ( down 4.33 percent ) and non-oil imports sebesarUS $ 32.23 billion ( down 5.58 percent ) .

He added that , of the three main areas of trade Internasional Indonesia , all have a surplus in March . ASEAN increase of U.S. $ 2.3 million .

Meanwhile , Indonesia's trade in the European Union also have a surplus of U.S. $ 334.3 million . And other major countries , such as China , Japan , United States , India , South Korea , the overall surplus of U.S. $ 389.8 million .

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