Indonesia`s exports of commodities other than oil and gas up

Jakarta (ANTARA News) - Indonesias exports of commodities other than oil and gas rose 6.5 percent in value to US$12.7 billion in September this year month-on-month.

"The increase in the exports of commodities other than oil and gas gave rise to optimism," Trade Minister Rahmat Gobel said here on Tuesday.

Meanwhile, exports of oil and gas were valued at US$2.6 billion, up slightly by 0.9 percent month-on-month and 8.6 percent year-on-year.

The country was favored with a surplus of US$758.8 million, up from US$489.6 million in August in trade of commodities not including oil and gas.

However, altogether the country still suffered a deficit of US$270.3 million in trade balance in September with import also increasing.

Increases were recorded in the exports of primary commodities, ornaments, and manufactured goods such as knitted and non knitted garments.

Noteworthy was in addition to significant increase in exports to emerging markets, a sharp rise of 49 percent was recorded to Australia and 19.7 percent to Pakistan.

Exports in September brought the total value of exports to US$132.7 billion in the first nine months of the year, down 0.9 percent year-on-year.

Rahmat said his ministry would coordinate with other related ministries to boost exports.