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Mining Sector Contributed the Most to Jambi Exports in August

Statistics Indonesia (BPS) Jambi Province recorded Jambi Province's exports increasing in value by 1.71 percent month-to-month (mtm) from US$186.32 million in July 2024 to US$189.51 million as of August 2024.

BPS Jambi Province Head Agus Sudibyo explained that the main cause for the improvement was the increase in exports of areca nut commodities, vegetable oil commodities, as well as rubber commodities and their processed products.

"[Jambi]'s export value as of August 2024 was US$ 1,519.75 million, higher by 3.72 percent [year-on-year/yoy] than in the period in 2023. The largest contributor to Jambi's total exports was the mining sector, which contributed 66.19 percent, followed by the industrial sector at 30.35 percent and the agriculture sector at 3.47 percent. When broken down by commodity, the industrial group is dominated by rubber and its processed products, which contributed 14.58 percent," he revealed on Oct. 1, 2024.

Agus conveyed that the largest contributor from the mining sector was oil and gas, which contributed 61.34 percent. Meanwhile, the betel nut commodity contributed the most among the agriculture sector at 1.98 percent.

"Jambi's export [destinations] that experienced an increase [in imports from Jambi] were Malaysia, Thailand, France, Japan, the United States, Australia, and Taiwan," he divulged.

"compared to the same period the previous year as of August 2024, general export transactions have increased in general. However, export transactions to several countries have [also] decreased. The decline occurred in exports to England, China, India, and South Korea," Agus concluded.

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