Sumatera Selatan’s balance of trade in February 2024 experienced a surplus of US$216.93 million

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Sumatera Selatan’s balance of trade in February 2024 experienced a surplus of US$216.93 million

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Release Date	:	April 1, 2024
File Size	:	3.07 MB

Abstract

The value of Sumatera Selatan’s exports in February 2024 reached US$445.47 million, increased 0.93 percent compared to exports in January 2024 and decreased 19.00 percent compared to February 2023.
Non-oil and gas exports in February 2024 reached US$397.36 million, decreased 1.10 percent compared to non-oil and gas exports in January 2024. Meanwhile, it decreased 23.62 percent compared to February 2023.
Sumatera Selatan’s exports cumulatively during January – February 2024 reached US$886.82 million, decreased 21.45 percent over the same period in 2023.
The main country destinations of exports in February 2024 were China at US$152.48 million, India at US$57.52 million, and Malaysia at US$46.58 million.
Sumatera Selatan’s exports cumulatively during January– February 2024 reached US$316.17 million for China, US$112.13 million for India and US$85.19 million for Malaysia. These three countries reached 57.90 percent of total export. Meanwhile, the export to ASEAN countries and European Union are 21.69 percent and 3.75 percent.

Import

Imports of Sumatera Selatan in February 2024 were worth US$228.53 million, increased by 3.21 percent compared to January 2024, and grew by 400.76 percent compared to February 2023.
Imports of oil and gas in February 2024 were US$2.73 million, increased by 56.16 percent compared to January 2024, and increased by 436.49 percent compared to February 2023.
The big three largest trading partner countries of non-oil and gas imports in February 2024 were China for US$306.32 million (68.08 percent), Finland for US$62.95 million (13.99 percent), and Thailanf for US$16.02 million (3.56 percent).
Sumatera Selatan’s exports cumulatively during January– February 2024 from ASEAN countries and European Union reached US$47.66 million (10.59 percent) and US$71.53 million (15.90 percent).
Sumatera Selatan’s balance of trade in February 2024 experienced a surplus of US$216.93 million, which affected by a surplus of non-oil and gas of US$171.56 million and a surplus of oil and gas of US$45.38 million in oil and gas.

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BPS-Statistics Indonesia

Badan Pusat Statistik Kabupaten Empat LawangJl. Lintas Sumatera No. 35 Kecamatan Tebing Tinggi Kabupaten Empat Lawang Sumatera Selatan

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