Indonesia's trade balance surplus in October of 42.4 million U.S. dollars

Indonesia's trade balance surplus in October of 42.4 million U.S. dollars


Central Statistics Agency ( BPS ) recorded during the Indonesian trade balance surplus in October 2013 about 42.4 million U.S. dollars .

The total value of exports during the period was 15716.9 million U.S. dollars and the total import value of U.S. $ 15674.5 million .

" In the midst of global economic turmoil , Indonesian products to penetrate the international market , and consumption of imported products can be reduced a little bit , " said Head of BPS BPS Building Suryamin on Monday.

According Suryamin , the trade surplus for October 2013 is the third trade surplus this year after the surplus achieved in March and August.

" Even though the surplus is still relatively small , as a whole can illustrate that Indonesian trade show improvements in the management of import export , " he said .

BPS also recorded a surplus of trading volume during October 2013 as many as 44.79 million tons . During the month , the total export volume reached 56.88 million tons and 12.09 million tons of import volume .

Previously Indonesia's trade balance recorded a deficit . According Suryamin , in September 2013 Indonesia's trade balance deficit of 803.2 million U.S. dollars in July deficit of 2.3 billion dollars , 877 million dollars deficit in June the U.S. , and May deficit of about 500 million U.S. dollars .


Non-oil trade surplus

Suryamin explains , Indonesia 's trade surplus in October 2013 largely contributed by non-oil trade surplus .

According to BPS data , the non-oil trade balance surplus increased from 497.9 million dollars to 792.1 million dollars in October 2013 .

While oil and gas trade balance recorded a deficit narrowed from 1.3 billion U.S. dollars to 749 million U.S. dollars .

" In other words , exports increased by 6.98 percent , while total imports increased by only 1.06 percent , " he said .

During October 2013 , the three classes of goods is impaired import of machinery and electrical equipment ( down 7.94 percent or 123.5 million U.S. dollars ) followed by iron and steel group ( down 4.3 percent or 31.4 million U.S. dollars ) , and the class of plastics and plastic goods ( down 0.07 per cent or 0.5 million U.S. dollars ) .

In terms of an increase in exports . When compared with the previous month , during October exports to China rose to 213.6 million U.S. dollars , to Taiwan increased by 115 million U.S. dollars , increased to 147.4 million Australian dollars , and to India and Malaysia respectively rose 53.3 million dollars and 23.6 million U.S. dollars .