Tuesday, 18 March 2025 14:07

Exports Reach USD 21.98 Billion in February 2025

The Central Statistics Agency (BPS) noted that the export value reached USD 21.98 billion in February 2025 or grew 2.58% (mtm) from January 2025. When compared to the same period in 2024, there was a growth of 14.05% (yoy). BPS Head Amalia Adininggar Widyasanti said that the value of oil and gas exports was USD 1.14 billion or grew 8.25% monthly, but contracted 5.98% annually. The increase in the value of oil and gas exports on a monthly basis was driven by an increase in the value of crude oil exports with a contribution of 0.56%.


While non-oil and gas exports were IDR 20.84%. The value of non-oil and gas exports grew monthly and annually by 2.29% and 15.4%, respectively. If viewed on a monthly basis, commodities that contributed to exports were animal and vegetable fats and oils, up 37.04% and contributing 3.7% to exports; commodities of machinery and mechanical equipment and their parts grew 37.85% and contributed 0.92%; and precious metal commodities, jewelry/gems, rose 16.45% or contributed 0.66%. When viewed by sector, non-oil and gas exports are divided into three groups. First, the agriculture, forestry, and fisheries sector amounted to US$ 560 million. This sector grew by 3.06% on a monthly basis and grew by 52.01% on an annual basis. Second, the mining and other sectors amounted to USD 2.63 billion in February 2025. On a monthly and annual basis, there was a contraction of 3.41% and 35.38%, respectively. Third, the processing industry amounted to USD 17.65 billion in February 2025. On a monthly basis, the processing industry sector grew by 3.17%. Then, the processing industry sector grew 29.56% and contributed 20.89% to the export performance in February 2025. "The increase in exports of the manufacturing industry sector on a monthly basis was mainly due to the increase in the export value of palm oil, general machinery; jewelry and valuables, and tin," said Amalia.

Source:
https://investor.id/macroeconomy/392385/ekspor-capai-us-2198-miliar-pada-februari-2025   

 

 

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