Imports of High Rescue Raw Materials, Trade Minister: Productivity of Manufacturing Industry Remains High

By : Hariyanto And Aldi Firhand. A | Tuesday, December 26 2017 - 21:10 IWST

Plastic Manufacture
Plastic Manufacture

INDUSTRY.co.id - Jakarta - The Ministry of Trade recorded that import value in November 2017 reached US $ 15.15 billion, an increase of 19.6% compared to November 2016 (YoY), and increased by 6.4% compared to the previous month (MoM).

The increase in imports in November 2017 (MoM) was triggered by increased demand for imports, both oil and gas (1.22%) and non-oil / gas (7.37%). The cumulative value of imports during January-November 2017 was recorded at USD 141.88 billion, up 15.5% (YoY).

The increase in imports occurred in all types of goods, raw materials / auxiliaries increased by 16.4%, capital goods increased by 11.5% and consumer goods increased by 15.2% (YoY).

"Rising imports of raw materials / auxiliaries and capital goods indicate the productivity of manufacturing industries that remain high at the end of 2017," added the Minister.

Non-oil / gas product imports from raw material / auxiliary group that experienced an increase were raw materials for industry (25.9%), food and beverage for industry (18.0%), spare parts and transportation equipment (17.2%).

While the group of capital goods whose imports increased significantly is the transportation tool for industry (63.3%).

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