Exports in January 2022 reached US$19.16 billion and Imports in January 2022 reached US$18.23 billion

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Release Date	:	February 15, 2022
File Size	:	3.31 MB

Abstract

EXPORT

The value of Indonesia’s exports in January 2022 reached US$19.16 billion, decreased 14.29 percent compared to exports in December 2021 but rose 25.31 percent compared to January 2021.
Non-oil and gas exports in January 2022 reached US$18.26 billion, decreased 14.12 percent compared to non-oil and gas exports December 2021 but rose 26.74 percent compared to January 2021.
The highest decrease in non-oil and gas exports in January 2022 was mineral fuels commodity, in amount of US$2,008.3 million or decreased 61.79 percent from December 2021. The highest increase was ores, slag, and ash commodity, in amount of US$379.0 million or increased 66.17 percent.
By industry classification, exports of manufacturing products in January 2022 increased by 31.16 percent; exports of agriculture, forestry, and fisheries increased by 11.54 percent; exports of mining and others increased by 3.87 percent compared to the same period in 2021.
The main country destinations of non-oil and gas exports in January 2022 were China at US$3.51 billion, United States at US$2.56 billion, and Japan at US$1.51 billion, with the contribution of the three reaching 41.57 percent. Meanwhile, exports to ASEAN and the European Union (27 countries) amounted to US$3.34 billion and US$1.70 billion, respectively.
According to the province of origin, the largest exports of Indonesia in January 2022 came from Jawa Barat with a value of US$3.11 billion (16.21 percent), followed by Jawa Timur at US$1.88 billion (9.81 percent) and Riau at US$1.73 billion (9.05 percent).

IMPORT

Imports of Indonesia in January 2022 were worth US$18.23 billion, fell by 14.62 percent compared with December 2021, or increased by 36.77 percent compared with January 2021.
Imports of oil and gas in January 2022 were worth US$2.23 billion, decreased by 34.00 percent compared with December 2021, or inclined by 43.66 percent compared with January 2021.
Imports of non-oil and gas in January 2022 were worth US$16.00 billion, fell by 10,97 percent compared with December 2021, or grew by 35.86 percent compared with January 2021.
The most significant decrease in imports of non-oil and gas in January 2022 was pharmaceutical products which fell by US$500.7 million (63.35 percent). On the other hand, cereals experienced the highest increase, which grew by US$130.3 million (60.66 percent).
The largest trading partner countries of non-oil and gas imports in January 2022 were China US$5.85 billion (36.55 percent), Japan US$1.39 billion (8.67 percent), and Thailand US$0.93 billion (5.84 percent). Imports of non-oil and gas from ASEAN and EU countries were US$2.75 billion (17.17 percent) and US$0.94 billion (5.84 percent), respectively.
Compared with December 2021, the total of Indonesia imports for all broad economics categories in January 2022 experienced decreases, which consisted of US$911.6 million (36.60 percent) for consumption goods, US$1,774.0 million (11.35 percent) for intermediate goods, and US$435.2 million (13.45 percent) for capital goods.
Indonesia’s balance of trade in January 2022 experienced a surplus of US$0.93 billion, which was mainly affected by a surplus of non-oil and gas of US$2.26 billion. On the other hand, there was a deficit of US$1.33 billion in oil and gas.

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