Exports in April 2024 reached US$19.62 billion. Imports in April 2024 reached US$16.06 billion.

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Release Date	:	May 15, 2024
File Size	:	5.99 MB

Abstract

A. Exports

The value of Indonesia’s exports in April 2024 reached US$19.62 billion, decreased 12.97 percent compared to exports in March 2024 but increased 1.72 percent compared to April 2023.
Non-oil and gas exports in April 2024 reached US$18.27 billion, decreased 14.06 percent compared to non-oil and gas exports in March 2024 but increased 1.33 percent compared to April 2023.
Cumulatively, Indonesia’s exports during January–April 2024 reached US$81.92 billion, decreased 5.12 percent over the same period in 2023. Likewise, non-oil and gas exports reached US$76.67 billion or decreased 5.43 percent.
Among the top ten commodities of non-oil and gas exports in April 2024, the highest decrease was precious metals and jewellery/precious stones, in amount of US$478.9 million or decreased 34.88 percent from March 2024, while the highest increase was nickel and articles thereof, in amount of US$210.6 million or increased 45.85 percent.
By industry classification, exports of manufacturing products during period January–April 2024 decreased by 1.97 percent; exports of mining and others also decreased by 17.22 percent; while exports of agriculture, forestry, and fisheries increased by 6.90 percent compared to the same period in 2023.
The main country destinations of non-oil and gas exports in April 2024 were China at US$4.28 billion, India at US$1.81 billion, and United States at US$1.75 billion, with the contribution of the three reached 42.98 percent. Meanwhile, exports to ASEAN and the European Union (27 countries) amounted to US$3.35 billion and US$1.24 billion, respectively.
According to the province of origin, the largest exports of Indonesia in January– April 2024 came from Jawa Barat with a value of US$11.64 billion (14.21 percent), followed by Kalimantan Timur at US$8.38 billion (10.23 percent) and Jawa Timur at US$8.22 billion (10.04 percent).

B. Imports

Imports of Indonesia in April 2024 were worth US$16.06 billion, decreased by 10.60 percent compared with March 2024, yet increased by 4.62 percent compared with April 2023.
Imports of oil and gas in April 2024 were worth US$2.96 billion, decreased by 11.01 percent compared with March 2024, yet increased by 0.18 percent compared with April 2023.
Imports of non-oil and gas in April 2024 were worth US$13.10 billion, decreased by 10.51 percent compared with March 2024, yet fell by 5.68 percent compared with April 2023.
The most significant decrease in imports of non-oil and gas among the biggest ten commodities in April 2024 was electrical machinery and equipment and parts thereof which decreased by US$388.9 million (17.07 percent). In contrast, sugars and sugar confectionery experienced the highest rise by US$139.2 million (48.64 percent).
The largest trading partner countries of non-oil and gas imports in January–April 2024 were China US$20.77 billion (35.22 percent), Japan US$4.26 billion (7.23 percent), and Thailand US$3.27 billion (5.55 percent). Imports of non-oil and gas from ASEAN and EU countries were US$10.46 billion (17.74 percent) and US$3.64 billion (6.16 percent), respectively.
Compared with the same period last year, imports of consumption goods in January–April 2024 experienced the highest rise with a US$768.4 million (12.55 percent) increase, followed by the increase of capital goods by US$325.2 million (2.76 percent). In contrast, intermediate goods experience a decrease by US$439.0 million (0.84 percent).
Indonesia’s balance of trade in April 2024 experienced a surplus of US$3.56 billion, which mainly affected by a surplus of non-oil and gas of US$5.17 billion. On the other hand, there was a deficit of US$1.61 billion in oil and gas.

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