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Improve the October Export 2018



Improve the October Export 2018

InfoSAWIT, JAKARTA –The exports in October 2018 re-increased 5,9 percent to be US$ 15,80 billion compared to the previous month (MoM). The increasing exports consisted of the exports of non-oil and gas reaching US$ 14,3 milliar or increased 5 % and the exports of oil and gas reaching US$ 1,48 billion or increased 15,2%.

In cumulative, the exports in January—October 2018 reached US$ 150,88 billion or increased 8,8% from the same period in the previous year. The increasing numbers of the exports were supported by the exports of oil and gas reaching 9,9% and non-oil and gas reaching 8,7%. The better exports could be the chances to improve the trade balance,” Minister of Trade, Enggartiasto Lukita said in the official statement toInfoSAWIT, Monday (3/12/2018).

Enggartiasto also mentioned, the increasing exports of non-oil and gas in January—October 2018 were supported by the exports of mining reaching 27,5% and industrial products reaching 5,7%, though the exports of agriculture decreased 8,5%. The mining which highly contributed to the increasing exports were coal (HS 27), ore, crust, and metal ash (HS 26).

The exports of coal increased reaching 19,6% and influenced by the increasing volume and price of the  exports.  Meanwhile the exports of ore, crust, and metal ash increased 69,4% because the volume exports increased 249,%.

Meanwhile the industrial products which influenced the export target of non-oil and gas,were, iron and steel (HS 72) increased 91,7%;kinds of chemical products (HS 38) increased 32,2%;paper/cartoon increased 20,6%;pulp increased 23,5%;iron and steel products (HS 73) increased 26,6%;and aluminum (HS 76) increased 45%. (T2)

 


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