1/9/09

Exports November 2008 Down 11% : Indonesia

Export of Indonesia in November 2008 decreased 11.09% to U.S. $ 9.61 billion compared to October 2008. But Indonesia still has a surplus due to a decrease in imports far greater to 17.87% for November 2008. Compared with November 2007 the export decline in exports was only 2.36%. Meanwhile, non-oil exports in November 2008 down 9.24% to U.S. $ 8.17 billion compared to October 2008. 

Exports decreased, but the percentage decline in imports was larger, so we still have a surplus. The cumulative value of exports in January-November 2008 of U.S. $ 128.09 billion, rising 24.17% compared to the same period last year. While cumulative non oil and gas exports reached U.S. $ 100.45 billion, rising 20.18% compared to the same period last year. 

The decline in non-oil exports in November occurred in mineral raw materials of U.S. $ 232.2 million. Meanwhile, the biggest increase occurred in the export garment knitting is not so increased U.S. $ 50 million. For imports in November reached U.S. $ 8.72 billion, down 17.87% compared to October 2008. Oil and gas imports reached U.S. $ 1.31 billion or 15.02% of the overall value of imports, and non-oil imports of U.S. $ 7.41 billion or 84.98%. During January-November 2008 the value of Indonesian imports reached U.S. $ 120.97 billion.


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