Down 6.69% of Indonesia's Exports in November US $ 14.83 Billion,

Pos warta. Jakarta - The Central Statistics Agency (BPS) recorded the realization of Indonesia's exports in November to reach US $ 14.83 billion. This number has decreased by 6.69% compared to October 2018.

"November 2018 Export Development, Indonesian exports were US $ 14.83 billion," BPS Head Kecuk Suhariyanto said at a press conference at BPS's Central Jakarta office on Monday (12/17/2018).

While on an annual basis (November 2018 compared to November 2017) this export figure fell 3.28%. In November 2017, Indonesia's exports were recorded at US $ 15.33 billion.


The decline in exports was due to a decline in oil and gas exports which reached 10.75%.

"The decline in oil and gas exports occurred because the export of natural oil products decreased the yield of crude oil, the gas dropped 36%. Jewelry and gems, I later explained the mineral fuel," he explained.

While for non-oil and gas commodities there are those that experience increases and decreases.

"Commodities that experience a decline in the price of kernel oil, palm oil, coal and nickel," he said.


Whereas for the price of Indonesian crude oil in the world market fell in October US $ 77.56 per barrel.

"In November 2018 it will be US $ 62.98 per barrel. The development of oil and gas and non-oil and gas commodities will affect November's import and export," he explained. (fdl / fig)

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