Business News

2021-03-19
Indonesia Export Increase
“In February 2021, non-oil and gas exports to the Central Asia region increased by 84.29% (MoM), followed by Central America by 39.05% (MoM), and West Asia by 37.04 percent (MoM). This condition shows that the non-oil and gas export market has begun to diversify, ”said Mr.Muhammad Lutfi Indonesia MinIster of Trade.

The Trade Minister revealed that in the January - February 2021 period, exports of all sectors experienced an increase.

The highest increase in exports occurred in the mining sector, which rose 12.2% (YoY), followed by an increase in exports of the industrial sector by 10.3%, and the agricultural sector, up 8.8%. Meanwhile, exports in the oil and gas sector increased by 7.6%.

Overall, the increase in non-oil and gas exports during the January - February 2021 period was also triggered by an increase in exports to the 10 main export destination countries.

The highest increase in non-oil and gas exports occurred to the Chinese market with a growth of 50.5%, followed by Pakistan, which rose 33.6%, and Australia, which rose 32.3%.