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Economic Slowdown Presses Export Performance
Only the price and export volume of coal remained high. Coal prices in September was recorded at $321.5 per tonne, up from $290 per tonne the previous month.
JAKARTA, KOMPAS β Indonesia's export performance in September 2022 fell 10.99 percent on a monthly basis, due to the economic slowdown in a number of major destination countries and the decline in global commodities prices.
Statistics Indonesia (BPS) noted that Indonesia's export value in September reached US$24.8 billion, down 10.99 percent month-to-month (mtm). Non-oil and gas exports, which accounted for 94.66 percent of total exports, also fell 10.31 percent mtm to $23.48 billion.