The Indonesian central statistics agency, BPS, announced that the export value reached US$26.09 billion in June. The figure reflects a 21.30 percent monthly increase and 40.68 percent year-on-year hike.
“The non-oil and gas sector accounted for 94.13 percent of total exports in June 2022,” BPS chief Margo Yuwono in a virtual press conference on Friday, July 15.
Looking at the composition, he said, non-oil and gas exports increased by 22.71 percent while oil and gas exports grew 2.45 percent.
The highest monthly export increase was recorded the processing industry with 29.21 percent, reaching a value of US$18.27 billion. The hike was mainly attributable to palm oil, then apparel or textile convection.
“The agriculture, forestry and fishery sectors also increased quite impressively,” said Margo.
Meanwhile, mining and other sectors increased by 6.22 percent, month on month. The main commodities driving the exports increase were coal and lignite.
Source: Tempo.co
