The Central Statistics Agency (BPS) reported that Indonesia's import value in August 2022 reached US$ 22.15 billion.
Maria Elena - Bisnis.com
September 15, 2022 | 11:39 A.M.
The Central Statistics Agency (BPS) recorded that Indonesia's import value in August 2022 reached US$ 22.15 billion, or an increase of 3.77 percent compared to July 2022 (month-to-month/mtm).
BPS reported that import performance in August 2022 consisted of oil and gas imports of US$ 3.70 billion and non-oil and gas imports of US$ 18.45 billion. If detailed, oil and gas imports in August 2022 were recorded to increase by 9.23 percent compared to July 2022, while oil and gas imports decreased by 16.92 percent compared to the previous month.
"The increase in non-oil and gas imports in August 2022 is due to the role of commodities, machinery, and mechanical equipment as well as their parts, electrical machinery and equipment, and mineral fuels," said Deputy for Statistics, Distribution, and Services of BPS Setianto in a press release, Thursday (15/9/2022).
When compared to August 2021 (year on year/yoy), imports last month were recorded to grow 32.81 percent with details of non-oil and gas imports increasing by 26.11 percent yoy and oil and gas imports increasing by 80.63 percent.
"This increase in imports is not as large as in August 2021 which reached 55.26 percent," he explained.
Meanwhile, imports of raw materials or auxiliaries accounted for 75.65 percent of the total imports in August 2022. If detailed, imports of raw or auxiliary materials amounted to US$16.76 billion, capital goods of US$3.54 billion, consumption of US$1.85 billion in August 2022.
Previously, Bank Permata Chief Economist Josua Pardede estimated the value of imports in August 2022 to reach US$21.2 billion, an increase of 26.95 percent on an annual basis.
Oil and gas imports are expected to decline, as indicated by the lower average crude oil price in August 2022 compared to the previous month.
"Meanwhile, non-oil and gas imports are expected to increase as indicated by an increase in domestic manufacturing activity," he said.
(Sumber: Bisnis.com)
