Indonesia is a country that is rich in natural resources and has a diverse economy. One of the most significant contributors to the country’s economy is the export sector. In 2017, Indonesia recorded a remarkable growth in the export sector, which contributed significantly to the country’s economic growth. This article will explore the Jumlah Ekspor Indonesia 2017 and provide a detailed analysis of the export sector’s contribution to Indonesia’s economy.
Overview of Jumlah Ekspor Indonesia 2017
In 2017, Indonesia’s total export value reached USD 168.8 billion, a 16.22% increase from the previous year. The increase in the export value was mainly due to the surge in commodity prices, particularly of coal, palm oil, and rubber. Indonesia’s top export destinations in 2017 were China, the United States, Japan, and India. Together, these four countries accounted for more than 50% of Indonesia’s total exports.
Commodity Exports
Indonesia’s commodity exports played a significant role in contributing to the country’s export growth in 2017. Commodities such as coal, palm oil, and rubber contributed significantly to the country’s export growth. In 2017, the value of coal exports increased by 39.1% compared to the previous year, while the value of palm oil and rubber exports increased by 21.8% and 14.7%, respectively.
The high demand for coal from China and India, Indonesia’s major export partners, was a significant factor in the growth of the coal export sector. Meanwhile, the growth in the palm oil and rubber export sectors was due to the increase in demand from several countries, such as the United States, China, and India.
Manufactured Goods Exports
Indonesia’s manufactured goods exports also contributed significantly to the country’s export growth in 2017. The value of Indonesia’s manufactured goods exports increased by 7.7% compared to the previous year. The top manufactured goods exported by Indonesia in 2017 were electric machinery, iron and steel products, and vehicles.
The growth in the manufactured goods export sector was mainly due to the increase in demand from several countries, particularly from Japan, the United States, and China. The increase in demand for Indonesia’s manufactured goods exports was due to the country’s competitive prices and high-quality products.
Services Exports
Indonesia’s services exports also contributed significantly to the country’s export growth in 2017. The value of services exports in 2017 increased by 9.2% compared to the previous year. The top services exported by Indonesia in 2017 were tourism, transportation, and business services.
The growth in the services export sector was mainly due to the increase in tourist arrivals in Indonesia. In 2017, Indonesia recorded a significant increase in the number of tourist arrivals, reaching 14.04 million, a 21.9% increase from the previous year. The increase in tourist arrivals was mainly due to the government’s efforts to improve the tourism sector and develop new tourist destinations in the country.
Challenges and Opportunities
Despite the significant growth in Indonesia’s export sector in 2017, the country still faces several challenges. One of the main challenges is the country’s reliance on commodity exports. The volatility of commodity prices can significantly affect Indonesia’s export value and, consequently, the country’s economic growth.
However, Indonesia also has several opportunities to further develop its export sector. The country has abundant natural resources, a competitive labor force, and a strategic location in Southeast Asia. Additionally, the government has implemented several policies to support the export sector, such as tax incentives, free trade agreements, and investment in infrastructure.
Conclusion
The Jumlah Ekspor Indonesia 2017 showed significant growth in Indonesia’s export sector, driven mainly by the commodity exports. However, the country also recorded growth in the manufactured goods and services export sectors. Despite the challenges faced by Indonesia’s export sector, the country has several opportunities to further develop its export sector, which will contribute significantly to the country’s economic growth.
