Trade Balance of Sumatera Selatan Province for November 2019 Has a Surplus of US $ 292,77 Million

The value of South Sumatra's exports in November 2019 decreased by 8.12 percent compared to exports in October 2019. However, when compared with the same period in 2018 (January-November 2018) the exports of South Sumatra Province experienced a decrease of 8.65 percent.

The export value of the South Sumatra Province in November 2019 of US $ 326.30 million consisted of oil and gas exports of US $ 24.48 million and US $ 301.82 million which was the result of non-oil and gas commodity exports.

China, Malaysia and the United States of America became the main export destination countries of South Sumatra in the January - November 2019 period, each reaching US $ 1,244.17 million, US $ 396.52 million and US $ 324.55 million, with the roles of the three reaching 52.73 percent of the total exports for the period January - November 2019.

The import value of South Sumatra in November 2019 was US $ 33.53 million or decreased by 19.88 percent when compared to October 2019.

The import of South Sumatra Province in November 2019 of US $ 33.53 million consisted of oil and gas imports of US $ 4.32 million and non-oil and gas of US $ 29.21 million.

The largest countries of origin for the period January - November 2019 were China with an import value of US $ 164.25 million, followed by Malaysia with an import value of US $ 59.12 million and Canada with an import value reaching US $ 25.05 million.