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ILLUSTRATION. Darmin Nasution
KONTAN.CO.ID – JAKARTA. The Minister Delegate for the Economy, Darmin Nasution, estimates that June's trade balance has not yet recorded a surplus. Nevertheless, he wants the trade balance to be in surplus in the not too distant future.
"I do not see it yet (note the surplus) In June I do not think so, but yes, we do not want too long," said Darmin in his office, Jakarta, Friday (6/7).
Previously, Bank Indonesia (BI) estimated that the June 2018 trade balance would show a surplus. That's what the executive director of BI's money management department, Nanang Hendarsah, said. "On the basis of 19459007 BI data trade balance June, June imports fell significantly, trade balance in June 2018 is expected to be in surplus", said Nanang. Kontan.co.id, Friday (6/7).
However, Nanang did not provide precise figures on the estimated trade surplus in June. The light, "Meanwhile, because imports have dropped significantly," he said.
The Central Bureau of Statistics (BPS) noted that the trade balance in May 2018 still had a deficit of US $ 1.52 billion. This is due to the higher import value of $ 17.64 billion compared to the export value of $ 16.12 billion.
Overall, the value of Indonesian imports in May 2018 reached US $ 17.64 billion, up 9.17% from April 2018. Compared to May 2017, it increased 28.12%.
On the basis of the use of goods, imports of raw materials and auxiliaries amounted to 13.11 billion USD, up 9.02% from April and 24 , 55% compared to May 2017. Raw materials and auxiliaries account for 74% of total imports May 2018.
A larger increase recorded imports of consumer goods, which were recorded at US $ 1.73. Increase compared to April 14.88%, while compared to May 2017 has reached 34.01%.
Growth in imports of capital goods does not accelerate to $ 2.81 billion. The monthly increase was 6.63%, while in annual terms, it was 43.4%.
Meanwhile, the value of Indonesia's exports in May 2018 reached 16.12 billion US dollars. The increase is 10.9% compared to April 2018. Similarly, compared to May 2017, it increased by 12.47%.
The sector that supports export growth this month remains dominated by non-oil and gas imports at $ 14.55 billion, up 9.25% from April 2018
Reporter: Ghina Ghaliya Quddus
Editor: Herlina Kartika
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