1. Oil & Gas and Non Oil & Gas Exports
Indonesian exports in April 2014 decreased by 5.92 percent compared to March 2014, from USD 15,192.6 million to USD 14,293.9 million. When compared to April 2013, exports decreased by 3.16 percent.
The decline of exports in April 2014 was due to the decline in non-oil & gas exports by 7.09 percent from USD 12,551.3 million to USD 11,661.7 million, and oil & gas exports fell by 0.35 per cent from USD 2,641.3 million to USD 2,632.2 million. Further decline in oil & gas exports was due to the decline in crude oil exports by 26.71 per cent to USD 639.8 million, while exports of oil products increased by 18.31 percent to USD 403.0 million and gas exports increased by 11.32 percent to USD 1,589.7 million. Volume of oil & gas exports in April 2014 compared to March 2014 for oil and gas products rose by 17.53 percent and 6.52 percent and 6.52 percent, respectively, while crude oil exports fell by 26.56 percent. Meanwhile, Indonesian crude oil price in the world market dropped from USD 106.90 per barrel in March 2014 to USD 106.44 per barrel in April 2014.
2. Non Oil & Gas Exports by 2-Digit HS Groups of Goods
the largest decline in non-oil & gas exports April 2014 compared to March 2014 occurred in animal/vegetable fats and oils by USD 916.5 million (45.02 percent), while the largest increase occurred in footwear by USD81.7 million (29.49 percent).
3. Non Oil & Gas Export by Main Destination Countries
Indonesian non-oil & gas exports in April 2014 to the United States, China and Japan reached USD 1,383.4 million, USD 1,270.2 million, and USD 1,167.3 million, respectively, with the role of three reaching 32.76 percent.
Business News - June 4, 2014