Monday, June 3, 2013

[batavia-news] RI records trade deficit of US$1.62 bln in April + Uncontrolled imports to foil food sovereignty

 

 

RI records trade deficit of US$1.62 bln in April

Tue, June 4 2013 00:50 | 152 Views

"The balance of trade suffered a deficit of US$1.62 billion in April 2013," BPS Chief Suryamin said.
 
Jakarta (ANTARA News) - Indonesia recorded a trade deficit of US$1.62 billion in April because of declining oil and gas exports and rising non-oil/non-gas imports, according to the Central Statistics Agency (BPS).

"The balance of trade suffered a deficit of US$1.62 billion in April 2013," BPS Chief Suryamin said here on Monday.

Indonesia`s exports stood at US$14.7 billion while its imports rose to US$16.31 billion in April, he said.

Cumulatively, the country`s exports reached US$60.11 billion and its imports increased to US$61.96 billion in the year to April 30, 2013, he said.

The imports in April consisted of non-oil/non-gas imports worth US$12.71 billion and oil and gas imports worth US$3.6 billion, he said.

"The increase in import value was the result of a US$1.7 billion increase in non-oil/non-gas imports compared to the previous month, however, oil and gas imports fell US$303.4 million," he said.

The non-oil/non-gas imports in April were mostly contributed by machinery and mechanical appliances worth US$2.39 billion, machinery and electrical appliances worth US$1.46 billion, iron and steel worth US$1.04 billion and motor vehicles worth US$697.4 million, he said.

He said US$2.5 billion or 20.06 percent of the imported goods came from China, making it the largest supplier of imported goods to Indonesia. Japan came in second with US$1.8 billion or 14.72 percent, and Thailand in third with US$1.01 billion or 7.95 percent.

He further said the April 2013 exports consisted of oil and gas exports worth US$2.2 billion and non-oil/non-gas exports worth US$12.3 billion.

"The oil and gas exports fell to US$2.2 billion from US$2.9 billion in the previous month. However, non-oil/non-gas exports rose to US$12.3 billion from US$12 billion," he said.

The non-oil/non-gas exports were dominated by mineral fuels worth US$2.19 billion, animal fats and oils worth USR1.4 billion, machinery and electrical appliances worth US$832.9 million and rubber and rubber products worth US$854.1 million. (*)

Editor: Heru

COPYRIGHT © 2013

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http://www.antaranews.com/en/news/89151/uncontrolled-imports-to-foil-food-sovereignty

 

Uncontrolled imports to foil food sovereignty

Mon, June 3 2013 18:54 | 142 Views

Photo document of beef supply in Jakarta.(ANTARA/Yudhi Mahatma)

Excessive imports will kill the national food production to meet the national demand."
Related News
Yogyakarta (ANTARA News) - Uncontrolled imports of food commodities are feared to foil the national food sovereignty, professor of Gajah Mada University`s Faculty of Economy Mochammad Maksum said here on Monday.

"With a serious effort, sufficient national food production can be meet. Excessive imports will kill the national food production to meet the national demand," Maksum noted.

Related to the case of the failure to achieve food sovereignty, the professor said pointed out that it could be seen from the effort to meet the national beef demand.

He said that even without beef import, national beef supply would still be met, because some areas in the provinces of West and East Nusa Tenggara had big potential of beef supply.

"By relying on beef supply from East Nusa Tenggara and West Nusa Tenggara, Indonesia should have sufficient supply of beef every year without being imported," Maksum said.

But he admitted that infrastructure facilities for the distribution of food commodities were still inadequate.

Therefore said the government should set its focus on strengthening the national food sector by directing it to domestic self sufficiency in food.

He added that self sufficiency in food could be realized by allocating greater funds on agriculture food sector.

"More funds should have been allocated for the self sufficiency of agriculture food sector rather than giving zero percent excise on soy bean as happened last year," Maksum said.

Further, he opined that the government was now still oriented to food security but not food sovereignty, because imports were still carried out excessively regardless of food self-sufficiency.
(Uu.O001/F001)

Editor: Priyambodo RH

COPYRIGHT © 2013

 

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