Manufactured goods largest contributors to export earning

Manufactured goods largest contributors to export earning


Jakarta (ANTARA News) - Exports of manufacturing industry were valued at US$10.68 billion in November, the largest contribution to the country`s export earning in the period.

"It is normal that manufactured goods are more dominant among the country`s export commodities including oil and gas," head of the Central Bureau of Statistics (BPS) Suharyanto said here on Monday.

The export value of manufactured goods in November was 72.03 percent to the country`s total export value that month.

However, the export value of the products of manufacturing industry was 8.12 percent lower than in October in the same year and 6.86 percent smaller than in the same month last year.

Meanwhile the country`s exports of oil and gas were valued at US$1.37 billion, exports of farm products US$0.32 billion and exports of mining commodities and other commodities were valued at US$2.46 billion.

Altogether the country`s exports in November 2018 were valued at US$14.83 billion or 6.69 percent smaller than export earning in October 2018 and 3.28 percent lower year-on-year.

In the January-November period of 2018, the largest exports were to China to which exports were valued at US$22.7 million, followed by the United States to which exports were valued at US$16.18 million and to Japan valued at US$15.15 million.

Based on data at BPS, the main commodities exported to China are lignite, coal, and steel.

Reporting by Sella Panduarsa Gareta
Editing by Sri Haryati