BPS: Bali Import Value 2017 Slumped 17.35 Percent

INDUSTRY.co.id - Denpasar - Bali Province imported various types of machinery and equipment production reached 124.521 million US dollars during the year 2017 or slumped 26.14 million US dollars or 17.35 percent from the previous year reached 150.66 million US dollars.

"Various types of production tools that bring from abroad as working capital in the hope of able to provide economic value, profitable for the economy, development and welfare levels of local communities," said Head of Bali Central Bureau of Statistics (BPS) Adi Nugroho, in Denpasar, Monday / 3/2018).

He said the import value is very small compared to foreign exchange earnings from Bali exports which reached 536.57 million US dollars during the year 2017 or increased 31.50 million US dollars (6.24 percent) compared to the previous year recorded 505.06 million US dollars.

Special imports in December 2017 recorded 9.026 million US dollars; decreased 3.58 million US dollars or 28.40 percent compared to the previous month (November 2017) reached 12.60 million US dollars.

Adi Nugroho added that Bali's import value in December 2017 compared to the same month the previous year also decreased 1.18 million US dollars or 11.61 percent, because the import value of December 2016 was recorded 10.21 million US dollars.

Commodities imported from abroad include bell products, watches and so on 21.11 percent, jewelry products (gems) 16.35 percent), optical device products 11.24 percent, leather goods products 7.85 percent and products oil atseri, perfume cosmetics 5.37 percent.

Various types of imported merchandise that most import from Hong Kong 40.48 percent, Australia 13.17 percent, China 7.51 percent, Germany 6.26 percent, and the United States 5.46 percent.

Imports of various types of merchandise in addition to machinery and goods production to be re-processed into various types of commodities and souvenirs that are ready to be re-exported to the overseas market that is able to provide economic value is much greater.

It is considered very profitable and provides benefits to encourage economic growth, development and improve the welfare of the community, said Adi Nugroho.