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    West Java Trade Balance Remains Surplus

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    BANDUNG - West Java Central Statistics Agency (BPS) said that West Java exports in August 2019 reached USD 2.72 billion, down 6.48 percent compared to July 2019. The exports made the West Java trade balance surplus.

    Non-oil and gas exports in August 2019 reached USD 2.69 billion, down 7.08 percent compared to last month. While oil and gas exports rose 96.62 percent from USD 17.03 million to USD 33.49 million.

    Non-oil and gas exports dropped 3.88 percent year-on-year, while total exports also dropped by 3.28 percent. Oil and gas exports (y-o-y) rose 92.79 percent compared to August 2018.

    The export value of the 10 main categories of goods in August 2019 compared to the previous month, almost all experienced a decline with a range of 1 to 18 percent. The biggest increase occurred in the category of Artificial Stafel Fiber goods which rose 18.70 percent. Only one group experienced an increase, namely the Paper / Cardboard group which rose 0.05 percent.

    The West Java Non Oil and Gas export market share in August 2019 was still dominated by the United States, Japan and Thailand, each with a value of USD 498.78 million, USD 262.44 million and USD 220.67 million with the role of the three reaching 36.54 percent.

    Cumulatively, y-o-y, exports to major destination countries decreased by an aggregate of 1.57 percent, except for exports to the United States, Singapore and Thailand.

    "The value of the West Java foreign trade balance in August 2019 was a surplus of USD 1.81 billion, thus the cumulative January-August 2019 surplus was USD 12.79 billion," said Head of West Java BPS Dody Herlando, Tuesday (1/10). Jo

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