News
North Maluku's Export Value Reached US$930.81 Million in September
November 5, 2024The monthly export value of North Maluku Province rose by 14.61 percent month-to-month (mtm) from US$812.13 million in August 2024 to US$930.81 million (about Rp14.5 trillion) in September 2024. The province's monthly export value also increased by 14.68 percent year-on-year (yoy) from US$811.63 million in September 2023.
"The export value in September 2024 increased both monthly and annually," Acting Statistics Indonesia (BPS) North Maluku Province Head Nurhidayat Maskat stated during the announcement of the Official Statistics News at the BPS North Maluku office on Oct. 15, 2024.
The iron and steel of the Harmonized System (HS) code 72 group of commodities contributed to 57.75 percent out of North Maluku's total export value in September 2024. It is followed by nickel (HS 75) at 37.15 percent, inorganic chemicals (HS 28) by 4.75 percent, other basic metals (HS 81) at 0.28 percent, as well as fish and shrimp (HS 03) at 0.07 percent.
Nurhidayat explained that China is still the destination for the largest share of North Maluku's exports at 88.86 percent, followed by Norway at 6.86 percent and India at 3.36 percent.
In September 2024, North Maluku also exported several commodities through other export ports in Indonesia. Among them are US$40,000 of fish and shrimp exports through East Java ports, US$270,000 of jewelry and gems (HS 71); lac, gum, and resins (HS 13) through Jakarta; as well as US$10,000 of fish and shrimp exports through Bali's ports.