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

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

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

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