January 19, 2021 | Invest Indonesia

Indonesian Exports Up 8.39% in December

Source from: Tempo

Original News HERE

The central statistics agency, Statistics Indonesia or BPS, recorded December’s export value at US$16.54 billion. The figure reflects an 8.39 percent increase from the previous month, while on a yearly basis the value grew 14.63 percent.

BPS chief Suhariyanto said the increase was triggered by increasing commodity prices in international markets.

“Many commodities experienced price hikes,” Suhariyanto said on Friday, January 15.

Among those is the Indonesia Crude Price (ICP), which gained 17.48 percent to US$47.78 per barrel.

Coal also experienced a 28.93 percent monthly price gain while CPO rose 6.62 percent.

Author: Fajar Pebrianto
Translator: Ririe Ranggasari
Editor: Laila Afifa