BANDUNG - West Java exports in May 2019 reached USD 2.73 billion, up 18.32 percent compared to April 2019.
Data from the West Java Central Statistics Agency (BPS) informed that Non-Oil and Gas Exports in May 2019 reached USD 2.71 billion, up 18.37 percent compared to last month. Oil and gas exports also rose 10.83 percent from USD 15.39 million to USD 17.05 million.
Year-on-year Non-oil and gas exports fell 2.97 percent, total exports also fell 2.93 percent. Oil and gas exports (y-o-y) rose 3.19 percent compared to May 2018.
Then the export value of 10 main categories of goods in May 2019 compared to the previous month, almost all of them rose in the range of 3 to 44 percent. Except for the Footwear group which dropped 1.25 percent.
The export market share of non-oil and gas in West Java in 2019 was dominated by the United States, Japan and the Philippines, each valued at USD 495.35 million, USD 269.86 million and USD 193.83 million with the role of the three reaching 35.36 percent.
Cumulatively y-o-y, exports to the main destination countries all fell by an aggregate of 4.98 percent, except for exports to the United States.
"The May 2019 trade balance value was a surplus of USD 1.81 billion, the cumulative January-May 2019 surplus was USD 7.78 billion," explained Head of BPS West Java Dodi Herlando. Jo