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Nov 25, 2020

China Is The Largest Export Destination Of Indonesian Goods, Importing US$474 Million In Ferronickel In October

Our newspaper’s Jakarta reporter Bian Chenguang reported: The latest report released by the Indonesian Central Bureau of Statistics shows that due to the new crown pneumonia epidemic, Indonesia’s imports of goods fell significantly in October this year. The total value of imported goods was only 10.78 billion US dollars (1 US dollar is about 6.6 yuan RMB), a year-on-year decrease of 26.93%, but imports from China accounted for the most, accounting for 28.83%. During the same period, Indonesia’s exports were US$14.39 billion. China is also Indonesia’s largest export market, accounting for approximately 20.78% of the total value of exported goods.


From the perspective of the country of origin of Indonesian imports in October, the value of imported goods from China was US$2.8 billion, accounting for the highest proportion, followed by Japan, with the value of imported goods of US$730 million, accounting for 7.53%, and Singapore ranked third. The value of imported goods is 710 million US dollars, accounting for 7.28%. In October this year, the total value of Indonesian exports of goods was 14.39 billion US dollars, an increase of 3.09% from the 13.39 billion US dollars in September. China is the largest export destination of Indonesian goods, with a total of 2.86 billion US dollars of goods exported, of which nickel and iron accounted for the highest proportion. , Was 474 million U.S. dollars, followed by palm oil, which was 216.4 million U.S. dollars. Other export products include chemicals, copper ore, stainless steel and coal.


The Indonesian Central Bureau of Statistics disclosed that in October this year, Indonesia’s second largest export market was the United States, with a value of 1.64 billion U.S. dollars, accounting for 11.9%. The third largest export market was Japan, with an export value of 1.06 billion U.S. dollars, accounting for 7.73. %.


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