JAKARTA – Statistics Indonesia (lit. Badan Pusat Statistik/BPS) recorded trade surplus throughout January-May 2024 of USD 13.05 billion, down 20.47% from USD 16.47 billion seen in 5M 2023.

In BPS release as of today (19/6), Efliza, Director of Distribution Statistics of BPS, reported total export of USD 104.24 billion, consisting oil and gas of USD 6.68 billion and non-oil and gas of USD 97.58 billion.

Total import, on the other hand, was recorded at USD 9.19 billion, with imported oil and gas of USD 14.73 billion and non-oil and gas of USD 76.45 billion. The deficit was seen in oil and gas worth USD 8.06 billion.

For comparison, in January-May 2023, total export was at USD 108.05 billion, and import was USD 91.57 billion. Oil and gas export was USD 6.58 billion, and non-oil and gas export reached USD 101.47 billion.

Meanwhile, non-oil and gas and oil-and-gas import were reported at USD 14.41 billion and USD 77.15 billion. The deficit of oil and gas sector was USD 7.83 billion.

Throughout May 2024, the importer with the highest import value was China, worth USD 1.44 billion, followed by US of USD 300.8 million, and Thailand of USD 225.1 million.

However, throughout January-May (5M) 2024, the first importer was China, worth USD 27.10 billion, followed by Japan of USD 5.34 billion, and Thailand of USD 4.08 billion. (LK/ZH)