Ekspor Komoditas RI Lesu, Gara-gara China?

Summary

In this episode of 'Money Talk Special,' host Pramudya Prabowo discusses the impact of China's sluggish economy on Indonesia's export performance, highlighting three key commodities: coal, iron and steel, and palm oil. While coal and iron exports faced declines in both price and volume, palm oil exports saw a modest increase in value due to rising volumes. Despite these challenges, China remains Indonesia's largest non-oil and gas export market, accounting for over 23% of total exports. The dialogue emphasizes the crucial link between Indonesia's export dynamics and China's economic health.

Takeaways

• 😀 Indonesia's export performance is significantly impacted by China's economic slowdown.
• 📉 In May 2023, three major Indonesian commodities saw a decline in export value.
• 🪨 The first commodity affected was coal, which experienced a 6.25% drop in export value compared to the previous month.
• 🔨 The second commodity, iron and steel, had a 9.09% decrease in export value, despite a 7.14% increase in export volume.
• 🌴 The third commodity, crude palm oil (CPO), saw a 7.14% increase in export value due to higher export volume.
• 📊 China remains the largest market for Indonesian coal, iron, and palm oil exports.
• 🏭 The data shows that Indonesia's coal exports to China reached $9.14 billion, indicating strong demand despite price drops.
• 📈 In May 2023, Indonesia's total non-oil and gas exports to China amounted to $4.78 billion, representing 23.42% of Indonesia's non-oil and gas export share.
• ⚖️ The relationship between Indonesia and China is crucial for trade, with China being a primary destination for several key commodities.
• 🔍 Future monitoring of Indonesia's export dynamics is necessary, especially in light of potential ongoing economic pressures in China.

Q & A

What is the primary focus of the discussion in the transcript?

The discussion focuses on the performance of Indonesia's exports, particularly to China, and how China's economic slowdown affects these exports.

Which three key commodities from Indonesia experienced a decline in exports in May 2023?

The three key commodities that experienced a decline in exports are coal, iron and steel, and crude palm oil (CPO).

How much did coal exports decrease in value in May 2023?

Coal exports decreased in value by 6.25%, with a total value of 3.0 billion USD.

What trend was observed in the volume of coal exports in May 2023?

The volume of coal exports in May 2023 was 31.6 million tons, showing a decrease of 2.76% month-on-month.

What was the value of iron and steel exports in May 2023?

The value of iron and steel exports in May 2023 was 2 billion USD, which is a decrease of 9.09% compared to the previous month.

Did the volume of iron and steel exports increase or decrease in May 2023?

The volume of iron and steel exports increased by 7.14%, totaling 1.5 million tons in May 2023.

What was the total value of crude palm oil exports in May 2023?

The total value of crude palm oil exports in May 2023 was 1.5 billion USD, reflecting a 7.14% increase compared to the previous month.

How did the price of crude palm oil change in May 2023?

The price of crude palm oil decreased by approximately 13%, reaching around 3,600 Malaysian Ringgit.

What percentage of Indonesia's non-oil and gas exports went to China in May 2023?

In May 2023, China accounted for 23.42% of Indonesia's total non-oil and gas exports.

What could be the impact of China's economic slowdown on Indonesia's exports?

A significant slowdown in China's economy could adversely affect Indonesia's export performance, as China is a major trading partner for Indonesia.