Sign up | Log in



Home>>Daily News>>Indonesia >>Economy>>Government not worried about high imports in April

NEWS UPDATES Asean Affairs   May 18, 2018  

Government not worried about high imports in April

Coordinating Economic Minister Darmin Nasution has said the government will not attempt to curb the high import growth that caused the country’s trade deficit in April, stressing that it indicated positive economic activity.

He said in Jakarta on Tuesday that the construction of infrastructure projects by the government and non-infrastructure projects by the private sector had pushed the import volume up in April because of the increasing need for capital goods and raw materials.

“The imports of capital goods and raw materials [for industry] accounted for about 91 percent, while consumption goods only accounted for about 9 percent,” said Darmin as quoted by

The Central Statistics Agency (BPS) on Tuesday announced that Indonesia recorded a US$1.63 billion trade deficit in April due to the significant increase in imports.

Exports were booked at $14.47 billion, an increase of 9.01 percent year-on-year (yoy), while imports jumped by 34.68 percent yoy in April to $16.09 billion.

Darmin said the 9.01 percent export growth was quite high, although it could not balance out the high import growth.

He admitted that the government needed to boost exports, as imports would continue to grow significantly in the coming months as construction continues on both infrastructure and non-infrastructure projects in the country.

“The government needs to boost exports to balance the increasing growth in imports. The infrastructure development will continue. Like it or not, imports will continue to grow because we have not produced a number of goods needed for the construction projects,” he added.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

  Today's  Stories                      May 15, 2018 
• Indonesia to open 8 more ports for international trade
• Paper factory’s investment certificate to be revoked Subcribe: Asean Affairs Global Magazine
• If rupiah weakening persists, it will affect economy: Moody's Subsribe Now !
• CEO Conference 2018 on the economy held in Yangon
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Ministries urged to remove 49% foreign cap
Asean Stock Watch   May 14,  2018

• Asean Stock Watch-May 14, 2018
Asean Analysis                April 9 2018
• Asean Analysis April 9, 2018
Chinese Influence Activities with U.S. Allies and Partners in Southeast Asia
Advertise Your Brand

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand