Deddy Saleh, director general of foreign trade of the ministry of trade, said here on Tuesday the exports in September brought the value of non-oil/non-gas exports in the third quarter of the year to US$120.9 billion or up 31.7 percent compared with a corresponding period last year.
"With oil and gas exports at US$31.6 billion, the country`s overall exports reached a value of US$152.5 billion," he said.
He said the January-September exports` value had led to optimism that the US$200 billion target for the country`s overall exports for this year would be achieved.
"The optimism is also based on the fact that exports in the fourth quarter will usually reach a higher figure than in the previous periods," he said.
He said total export growth was still above 30 percent, adding that the moving average annual growth rate was 35.4 percent.
As the annual export rate was above 30 percent, exports this year might exceed the target figure of US$200 billion, he said.
"The country`s non-oil/non-gas export performance in 2011 was boosted by diversification of the non-oil/non-gas export markets, especially to our FTA partners and emerging markets," he said.
China had been one of the main destinations of Indonesia`s non-oil/non-gas exports in the January-September 2011 period.
In the period, non-oil/non-gas exports to China rose 60.1 percent, a fact showing they had grown faster than exports to other countries.
"Non-oil/gas exports to India also rose significantly after an FTA was concluded with India. Indonesia`s exports to India rose 48.2 percent making the latter Indonesia`s fourth biggest trade partner replacing Singapore and Malaysia," he said.
Besides Singapore and Malaysia, other ASEAN and Asian countries had so far also been Indonesia`s main export destinations, he said.
Exports to ASEAN countries, China, India, Japan, Taiwan and South Korea contributed 59.8 percent to the the country`s overall oil/gas exports, he said.
"In a market structure like that, we still need to closely monitor the crises in Europe and the US although it is believed they will not significantly affect our export performance," he said.
The market share of the CR5 countries reached 46 percent in line with the target for 2010-2014 at 43 to 47 percent, he said.
This, he said, indicated that Indonesia`s non-oil/non-gas export markets had become more diversified.
(H-YH)
Editor: Aditia Maruli Radja
Copyright © ANTARA 2011
