Indonesia’s import value will decline by 8.91 in September 2024

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Indonesia’s import value in September 2024 was recorded at US$18.82 billion. This realization was 8.91% lower than the previous month’s achievement of US$20.67 billion.

“The total value of imports decreased on a monthly basis, the decline occurred in the oil and gas and non-oil and gas sectors,” said Acting Head of the Central Statistics Agency (BPS) Amalia Adininggar Widyasanti at a press conference, Jakarta, Tuesday (15/10).

From BPS data, the value of Indonesia’s non-oil and gas imports in September 2024 was recorded at US$16.30 billion, down 9.55% (month to month/mtm) of US$18.02 billion. Meanwhile, the value of oil and gas imports fell 4.53% (mtm) from US$2.65 billion to US$2.53 billion.

Also read: Hatrick! Indonesia’s import value in February fell by 13.68%. What caused it?

The decline in imports also occurred in all types of use. Imports of consumer goods were recorded to have fallen 6.37% (mtm) from US$1.98 billion to US$1.85 billion.

Then imports of raw/auxiliary materials fell 9.69% (mtm) from US$14.88 billion to US$13.44 billion. Meanwhile, imports of capital goods fell 7.15% (mtm) from US$3.81 billion to US$3.53 billion.

Even though it is decreasing on a monthly basis, said Amalia, the import value in September 2024 is still 8.55% higher than actual imports in September 2023 which was recorded at US$17.34 billion. (Mir)

#Indonesias #import #decline #September

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