JAKARTA - Total imports were corrected by 8.83% in May 2024 compared to May 2023, but grew compared to April 2024. The commodity that significantly contributed to the decline in imports throughout the year was vehicles and their parts.

Based on the data from the Central Statistics Agency (BPS) released on Wednesday (19/6), the total import value was recorded at US$ 19.39 billion, down from US$ 21.27 billion in May 2023. Imports of oil and gas amounted to US$ 2.74 billion, corrected 12.34% from US$ 3.31 billion and non-oil and gas US$ 16.61 billion, down 8.23% from US$ 18.14 billion.

Oil and gas imports include crude oil which fell 29.40% to US$836.4 million from US$ 1.18 billion and oil output fell 1.98% to US$ 1.91 billion from US$ 1.95 billion.

Non-oil and gas imports of 10 main commodities include, among others, mechanical machines/equipment and their parts, electrical machinery and equipment and their parts, iron and steel, plastic and plastic goods, vehicles and their parts, organic chemicals, cereals, mineral fuels, iron goods and steel, as well as dregs and waste from the food industry.

Total imports from April 2024 amounted to US$ 16.89 billion, up 14.82% to May 2024. Oil and gas imports as of April 2024 were recorded at US$ 2.98 billion, down 7.91% to May 2024 and non-oil and gas imports as of April 2024 were US$ $13.91 billion, up 19.70% to May 2024. (LK/LM)