Agricultural exports penetrated 18.35 billion US dollars. The Central Statistics Agency (BPS) reports that Indonesia’s export value reached $18.35 billion in March 2022. This export performance increased by 20.31% monthly (month to month / mtm) and yearly (year to year / year) by 30.47%.
BPS boss Suhariyanto explained that the export value was higher than March 2022 and March 2022, with successes of $14.07 billion and $14.45 billion, respectively. “Exports in March (2022) are very good and we hope that the high (export) development will continue in the following months,” said Suhariyanto at a journalists’ meeting, Thursday (15 April 2022).
Suhariyanto wrote, the development of exports in March 2022 occurred in all fields, both oil and gas and non-oil and gas. Non-oil and gas exports rose 5.28 percent (mtm), while non-oil and gas exports rose 21.21 percent. Agribusiness recorded the greatest success with a growth of 27.06%.
Export developments in the agribusiness sector can be seen in swallow nests, medicinal plants, flavors and spices, clove tobacco and white pepper. This industry grows 25.04% annually (year-on-year) with raw materials such as medicinal plants, flavorings and spices, bird’s nests and other non-timber products.
At that time, the processing industry with raw materials such as palm oil, basic organic chemicals and iron and steel rose by 22.27% (mtm). Likewise for mining exports which increased by 13.68% (mtm). “95.06% of Indonesia’s exports originate from the non-oil and gas sector, where the industry contributes 80.84 percent (of all exports),” said Suhariyanto.
Based on the double-digit HS group, there are many raw materials that are experiencing export growth, including mineral fuels (HS 27), electrical machinery and equipment (HS 85), iron and steel (HS 72), ores, slag and metal ash. (HS 26) and animal/vegetable fats and oils (HS 15).
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“Animal vegetable fats and oils rose $1.16 billion. Animal vegetable fats and oils rose 67.9 percent due to an increase in demand,” he said. By country, the largest increase in exports to China was listed at a par value of $774.6 million, followed by India at $519.five million, the United States at $212.six million, and Japan at $177.seven million and $132 million. Singapore.
Based on the stock, Indonesia’s exports did not change. Many goods were shipped to China which contributed 21.36% of the total exports, then to the United States (11.86%) and to China (7.91%). “Special raw materials (which are exported to China) are steel, mineral fuels, and vegetable fats and oils.
In the US, knitted clothing and accessories, shoes, and rubber and some items have a rubber material. ASEAN’s market share is 19.81 percent, Europe 8.25 percent,” he explained.
Agricultural exports penetrated 18.35 billion US dollars. With this month’s export success, overall exports reached $48.90 billion in the first quarter of 2022, an increase of 17.11% from the first quarter of 2022. “Considering that the largest exports are still dominated by animal fats and vegetable oils, because they are mineral fuels, “closed Suhariyanto.
