August 2021 exports reached US$21.42 billion, imports reached to US$16.68 billion

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Release Date	:	September 15, 2021
File Size	:	0.82 MB

Abstract

EXPORT

The value of Indonesia's exports in August 2021 reached US$21.42 billion, an increase of 20.95 percent compared to exports in July 2021. Compared to August 2020, the export value rose 64.10 percent.
Non-oil and gas exports in August 2021 reached US$20.36 billion, up 21.75 percent compared to July 2021, and up 63.43 percent compared to non-oil and gas exports in August 2020.
Cumulatively, the value of Indonesia's exports from January to August 2021 reached US$142.01 billion, an increase of 37.77 percent over the same period in 2020, as well as non-oil and gas exports reaching US$134.13 billion, an increase of 37.03 percent.
The largest increase in non-oil and gas exports in August 2021 compared to July 2021 occurred in animal/vegetable fats and oils of US$1,544.8 million (61.60 percent), while the largest decrease occurred in fertilizers of US$52.8 million (38.48 percent).
By sector, non-oil and gas exports from the processing industry from January to August 2021 rose 34.12 percent compared to the same period in 2020, as well as exports of agricultural, forestry and fishery products rose 7.52 percent and exports of mining and other products rose 61.53 percent. .
The largest non-oil and gas export in August 2021 was to China at US$4.78 billion, followed by the United States at US$2.25 billion and India at US$1.72 billion, with the contribution of the three reaching 42.98 percent. Meanwhile, exports to ASEAN and the European Union (27 countries) amounted to US$3.37 billion and US$1.63 billion, respectively.
According to the province of origin, Indonesia's largest exports in January–August 2021 came from West Java with a value of US$21.56 billion (15.18 percent), followed by East Java at US$14.87 billion (10.47 percent) and East Kalimantan at US$13. .33 billion (9.39 percent).

IMPORT

The value of Indonesia's imports in August 2021 reached US$16.68 billion, up 10.35 percent compared to July 2021 or up 55.26 percent compared to August 2020.
Oil and gas imports in August 2021 were valued at US$2.05 billion, up 14.74 percent compared to July 2021 or up 115.75% compared to August 2020.
Non-oil and gas imports in August 2021 were valued at US$14.63 billion, up 9.76 percent compared to July 2021 or up 49.39 percent compared to July 2020.
The largest increase in imports of non-oil and gas categories in August 2021 compared to July 2021 was machinery/mechanical equipment and parts of US$318.5 million (16.99 percent). Meanwhile, the largest decline was in waste and food industry residues of US$ 96.4 million (23.65 percent).
The three largest suppliers of non-oil and gas imports during January–August 2021 were China US$34.67 billion (32.25 percent), Japan US$9.01 billion (8.39 percent), and South Korea US$5.84 billion (5, 44 percent). Non-oil and gas imports from ASEAN were US$18.93 billion (17.61 percent) and the European Union US$6.73 billion (6.27 percent).
By category of use of goods, the value of imports from January to August 2021 against the same period the previous year saw an increase in consumption goods of US$2,825.1 million (29.79 percent), raw/auxiliary materials of US$25,0006.5 million (36.84 percent), and capital goods US$ 2,891.7 million (19.60 percent).
Indonesia's trade balance in August 2021 experienced a surplus of US$4.74 billion, mainly from the non-oil and gas sector of US$5.72 billion. Meanwhile, in the oil and gas sector, there was a deficit of US$0.98 billion.

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