Tuesday, 18 March 2025 14:09

Imports Grow 5.8% in February 2025

The Central Statistics Agency (BPS) reported that the import value reached USD 18.16 billion in February 2025. Import performance was driven by the oil and gas and non-oil and gas sectors. Based on the BPS report, imports increased 5.18% on a monthly basis (mtm) and grew 2.3% on an annual basis (yoy). This was due to an increase in oil and gas imports of USD 384.7 million (15.5%) and non-oil and gas of USD 543.7 million (3.52%).

Oil and gas imports in February 2025 worth USD 2.87 billion were recorded to have increased by 15.5% mtm, but decreased by 3.76% yoy. Non-oil and gas imports in February 2025 were valued at USD 16 billion, increasing by 3.52% mtm and increasing by 3.47% yoy. "The increase in imports on a monthly basis was driven by an increase in non-oil and gas imports which contributed 3.03% and oil and gas imports which contributed 2.14%," said Amalia. When viewed according to the use of goods, non-oil and gas imports are divided into three groups. First, consumer goods worth USD 1.47 billion in February 2025. There was a contraction of 10.61% mtm and a decrease of 21.05% yoy. Second, imports of raw/auxiliary materials, the import value was USD 13.94 billion in February 2025, there was a growth of 7.44% mtm and a growth of 4.78% yoy. "Auxiliary raw materials contributed 73.9% to total imports in February 2025," added BPS Head Amalia Adininggar Widyasanti in a hybrid press conference at the BPS Office on Monday (17/3/2025). Third, imports of capital goods worth USD 3.45 billion in February 2025. Imports with this type of use of goods experienced a growth of 4.13% mtm and an increase of 5.48% yoy.

Source:
https://investor.id/macroeconomy/392427/impor-tumbuh-58-pada-februari-2025

 

 

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