The Central Statistics Agency (BPS) noted that by September 2024, total imports reached USD 18.82 billion. This figure decreased by 8.91% compared to August 2024.The Head of BPS explained that the decline in imports came from oil and gas, amounting to USD 2.53 billion, down 4.53% month-over-month. Non-oil and gas imports stood at USD 16.30 billion, a monthly decrease of 9.55%. Even so, on an annual basis, September 2024 imports still grew by 8.55%. The monthly decline in imports was driven by a decrease in non-oil and gas imports and a decrease in oil and gas imports.
Furthermore, all types of Indonesian imports by use category experienced monthly declines in September 2024. Imports of consumer goods fell by USD 126 million, or 6.37%. Auxiliary raw materials, which account for at least 71% of total imports in September 2024, also fell by USD 1.44 billion, or -9.69%. The same trend occurred for capital goods, which decreased by USD 272.3 million, or 7.15%. By use category, imports of consumer goods grew 11.30% year-on-year, supporting raw material imports grew 5.87%, and capital goods imports grew 18.44%.
The Central Statistics Agency (BPS) noted that by September 2024, total imports reached USD 18.82 billion. This figure decreased by 8.91% compared to August 2024.The Head of BPS explained that the decline in imports came from oil and gas, amounting to USD 2.53 billion, down 4.53% month-over-month. Non-oil and gas imports stood at USD 16.30 billion, a monthly decrease of 9.55%. Even so, on an annual basis, September 2024 imports still grew by 8.55%. The monthly decline in imports was driven by a decrease in non-oil and gas imports and a decrease in oil and gas imports.
Furthermore, all types of Indonesian imports by use category experienced monthly declines in September 2024. Imports of consumer goods fell by USD 126 million, or 6.37%. Auxiliary raw materials, which account for at least 71% of total imports in September 2024, also fell by USD 1.44 billion, or -9.69%. The same trend occurred for capital goods, which decreased by USD 272.3 million, or 7.15%. By use category, imports of consumer goods grew 11.30% year-on-year, supporting raw material imports grew 5.87%, and capital goods imports grew 18.44%.