Exports in December 2021 reached US$22.38 billion, imports reached to US$21.36 billion

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Release Date	:	January 17, 2022
File Size	:	5.89 MB

Abstract

EXPORT

The value of Indonesia’s exports in December 2021 reached US$22.38 billion, decreased 2.04 percent compared to exports in November 2021 but rose 35.30 percent compared to December 2020.
Non-oil and gas exports in December 2021 reached US$21.28 billion, decreased 1.06 percent compared to November 2021 but rose 37.13 percent compared to December 2020.
Cumulatively, Indonesia’s exports from January to December 2021 reached US$231.54 billion, increased 41.88 percent over the same period in 2020. Likewise, non-oil and gas exports reached US$219.27 billion or increased 41.52 percent.
The highest decrease in non-oil and gas exports in December 2021 was mineral fuels commodity, in amount of US$880.4 million or decreased 21.32 percent from November 2021. The highest increase was animal or vegetable fats and oils commodity, in amount of US$428.8 million or increased 16.84 percent.
By industry classification, exports of manufacturing products during period January−December 2021 increased by 35.11 percent, exports of agriculture, forestry, and fisheries increased by 2.86 percent, and exports of mining and others increased by 92.15 percent compared to the same period in 2020.
The main country destinations of non-oil and gas exports in December 2021 were China at US$5.10 billion, United States at US$2.64 billion, and Japan at US$1.70 billion, with the contribution of the three reaching 44.34 percent. Meanwhile, exports to ASEAN and the European Union (27 countries) amounted to US$3.93 billion and US$1.71 billion, respectively.
According to the province of origin, Indonesia’s largest exports in January– December 2021 came from Jawa Barat Province with a value of US$33.86 billion (14.62 percent), followed by Kalimantan Timur Province at US$24.32 billion (10.50 percent) and Jawa Timur Province at US$23.00 billion (9.94 percent).

IMPOR

Imports of Indonesia in December 2021 were worth US$21.36 billion, rose by 10.51 percent compared with November 2021, or increased by 47.93 percent compared with December 2020.
Imports of oil and gas in December 2021 were worth US$3.38 billion, rose by 11.66 percent compared with November 2021, or inclined by 127.95 percent compared with December 2020.
Imports of non-oil and gas in December 2021 were worth US$17.98 billion, rose by 10.29 percent compared with November 2021, or grew by 38.78 percent compared with December 2020.
The most significant increase in imports of non-oil and gas in December 2021 was machinery/mechanical appliances and parts thereof which rose by US$401.5 million (15.24 percent). On the other hand, cereals experienced the highest decrease, which reduced by US$135.2 million (38.63 percent).
The largest trading partner countries of non-oil and gas imports in January– December 2021 were China US$55.74 billion (32.66 percent), Japan US$14.61 billion (8.56 percent), and Thailand US$9.08 billion (5.32 percent). Imports of nonoil and gas from ASEAN and EU countries were US$29.31 billion (17.17 percent) and US$10.97 billion (6.43 percent), respectively.
Based on Broad Economic Categories (BEC), total of Indonesia imports in January– December 2021 rose US$5,529.5 million (37.73 percent) for consumption goods, US$44,174.2 million (42.80 percent) for intermediate goods, and US$4,924.1 million (20.77 percent) for capital goods.
Indonesia’s balance of trade in December 2021 experienced a surplus of US$1.02 billion, which was mainly affected by a surplus of non-oil and gas of US$3.30 billion. On the other hand, there was a deficit of US$2.28 billion in oil and gas.

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