RI Enjoys $2 Billion Surplus in Non-Oil-and-Gas Trade
02/11/2011 (Jakarta Post) - Indonesia enjoyed a surplus of US$2 billion in the non-oil-and-gas trade and $800 million in the oil-and-gas trade in September, the Trade Ministry reported.
“The non-oil-and-gas exports were dominated by the industrial sector, but the growth was supported by all sectors,” ministry director general for foreign trade Deddy Saleh said on Tuesday in Jakarta.
He said industrial product exports had recorded the highest growth in the January-September period, up 33 percent to $91.8 billion from $68.8 billion in the same period last year.
The non-oil-and-gas export total grew by 32 percent during the period.
“The domination of industrial goods and export growth may serve as an indicator of the country's industrial sector growth, which is in line with recent efforts aimed at fueling the growth of processing industries,” Deddy said, as quoted by Antara.
Indonesia's main non-oil-and-gas commodities include cocoa products, rubber, coffee and palm oil, which grew by 86.4 percent, 70.7 percent, 52.6 percent and 50.2 percent, respectively, during the period of January-August.
“The growth of export values of rubber, coffee and palm oil were supported by increasing prices in the international market,” Deddy said.