JAKARTA - The Central Statistics Agency (BPS) recorded that the trade balance surplus fell 14.12% to US$28.85 billion during January-November 2024 compared to the same period in 2023 of US$33.60 billion. This was influenced by an increase in the oil and gas trade balance deficit of 3.45% and a decrease in the non-oil and gas trade balance surplus of 7.98%.

Based on BPS data quoted on Tuesday (17/12), the total oil and gas trade balance recorded a deficit of US$18.63 billion and the non-oil and gas trade balance recorded a surplus of US$47.49 billion. Meanwhile, in January-November 2023, the oil and gas trade balance deficit was recorded at US$18.01 billion and the oil and gas trade balance surplus was US$47.49 billion.

In the 11 months of this year, total oil and gas and non-oil and gas exports were recorded at US$241.25 billion, of which oil and gas exports were US$14.34 billion and non-oil and gas US$226.91 billion. In the same period in 2023, total exports will be US$236.38 billion, consisting of oil and gas exports of US$14.44 billion and non-oil and gas exports of US$221.94 billion.

Meanwhile, BPS recorded total oil and gas and non-oil and gas imports worth US$212.39 billion, of which the value of oil and gas imports was US$32.97 billion and non-oil and gas imports US$179.41 billion during January-November 2024. In January-November 2023, total imports amounted to US$202.77 billion, with oil and gas imports of US$32.45 billion and non-oil and gas imports of US$170.32 billion. (LK/LM)