November 2021 exports reached US$22.84 billion, imports reached to US$19.33 billion

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Release Date	:	December 15, 2021
File Size	:	3 MB

Abstract

A. EXPORT

The value of Indonesia's exports in November 2021 reached US$22.84 billion, an increase of 3.69 percent compared to exports in October 2021. Compared to November 2020 the value of exports increased by 49.70 percent.
November 2021 non-oil and gas exports reached US$21.51 billion, up 2.40 percent compared to October 2021, and up 48.38 percent compared to non-oil and gas exports November 2020.
Cumulatively, Indonesia's export value from January to November 2021 reached US$209.16 billion, up 42.62 percent over the same period last year 2020. Likewise, non-oil and gas exports reached US$197.98 billion, an increase of 42.00 percent.
The largest increase in non-oil and gas exports in November 2021 compared to October 2021 occurred in mineral fuel commodities of US$211.3 million (5.39 percent), while the largest decrease occurred in animal/vegetable fats and oils of US$811.4 million (24.17 percent).
By sector, non-oil and gas exports from the manufacturing industry January–November 2021 increased by 35.42 percent over the same period in 2020, as well exports of agricultural products rose 4.03 percent and exports of mining and other products rose 94.28 percent.
The largest non-oil and gas export in November 2021 was to China at US$5.41 billion, followed by the United States at US$2.54 billion and Japan at US$1.64 billion, with the contribution of the three reached 44.61 percent. Meanwhile, exports to ASEAN and The European Union (27 countries) amounted to US$4.14 billion and US$1.80 billion, respectively.
According to the province of origin of goods, Indonesia's largest exports were in January–November 2021 comes from West Java with a value of US$30.71 billion (14.68 percent), followed by East Kalimantan US$22.00 billion (10.52 percent) and East Java US$21.06 billion (10.07 percent).

B. IMPORT

The value of Indonesia's imports in November 2021 reached US$19.33 billion, up 18.62 percent compared to October 2021 or up 52.62 percent compared to November 2020.
November 2021 oil and gas imports valued at US$3.03 billion, up 59.37 percent compared to October 2021, up 178.79 percent compared to November 2020.
November 2021 non-oil and gas imports valued at US$16.30 billion, up 13.25 percent compared to October 2021 or up 40.79 percent compared to November 2020.
The largest increase in imports of non-oil and gas categories in November 2021 compared to October 2021 is the engine/electrical equipment and its parts US$425.5 million (25.61 percent). While the biggest decline was cereals US$127.9 million (26.78 percent).
Three largest suppliers of imported non-oil and gas goods during January–November 2021 is China US$49.50 billion (32.42 percent), Japan US$13.27 billion (8.69 percent), and Thailand US$8.20 billion (5.37 percent). Non-oil and gas imports from ASEAN US$26.36 billion (17.27 percent) and the European Union US$9.65 billion (6.32 percent).
According to the category of use of goods, the value of imports January–November 2021 against the same period the previous year there was an increase in goods consumption US$ 4,752.5 million (36.73 percent), raw/auxiliary materials US$ 38,737.9 million (41.65 percent), and capital goods of US$4,217.0 million (19.92 percent).
Indonesia's trade balance in November 2021 experienced a surplus of US$3.51 billion mainly from the non-oil and gas sector of US$5.20 billion. Meanwhile, in the oil and gas sector, there was a deficit of US$1.69 billion.

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