JAKARTA - Indonesia`s exports in October 2008 dropped 11.61 percent to US$10.81 billion, according to the country`s Central Bureau of Statistics (BPS). BPS chief Rusman Heriawan said here on Monday Indonesia`s oil and gas exports dropped most drastically by 25.72 percent to US$1,808 million while non-oil and gas exports slid 8.10 percent to US$9 million from the month before.
"The decline of rubber exports was the steepest reaching US$172.5 million while mineral fuel exports` decline reached US$251.5 million," he said. Cummulatively (from January to October) the year 2008 saw a rise of 26.92 percent or US$118.43 billion compared with the same period last year when non-oil and gas exports rose 21.63 percent.
"Non-oil and gas exports to Japan were the largest reaching US$1.38 billion, followed by the US around US$922.7 million and Singapore US$797.8 million where contribution from third countries toAmerica reached 34.46 percent from total exports," he said. Agricultural, industrial and mineral exports from January to October 2008 rose respectively 34.65 percent, 21.04 percent and 21.57 percent compared with the same period last year.
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