1. 1. Oil & Gas and Non Oil & Gas Exports
Indonesia’s exports in June 2014 increased by 4.00 percent compared to May 2014, from USD 14,823.6 million to USD 15,416.0 million. when compared to June 2013, exports decreased by 4.45 percent.
Increase of exports in June 2014 was due to the increase in non-oil & gas exports by 1.43 per cent from USD 12,447.9 million to USD 12,625.7 million, and oil and gas exports increased by 17.45 percent from USD 2,375.7 million to USD 2,790.3 million. Furthermore, increase in oil & gas exports was caused by the increase of crude oil exports by 28.62 per cent to USD 990.3 million and exports of crude oil by 5.63 percent to USD 319.3 million. Similarly, gas exports increase by 13.59 percent to USD 1,480.7 million. The volume of oil and gas exports in June 2014 to May 2014 for crude oil increased by 13.59 percent, while exports oil and gas products also rose by 0.79 percent and 15.95 percent, respectively. Meanwhile, price of Indonesia crude oil in the world market increased from USD 106.20 per barrel in May 2014 to USD 108.95 per barrel in June 2014.
2. 2. Non Oil & Exports by 2-Digit HS Group of Good
The largest increase in non-oil & gas exports in June 2014 to May 2014 occurred in Jewelry/precious stones at USD 338.8 million (109.21 per cent), while largest decline occurred in mineral fuels at USD 138.5 million (7.35 percent).
3. 3. Non Oil & Gas Export by Main Destination Countries
The largest increase in non-oil & gas exports in June 2014 to the United States, China and Japan reached USD 1,408.7 million, USD 1,329.2 million and USD 1,214.4 million, respectively, with the role of the three reaching 31.30 per cent. (E)
Business New - August 6, 2014