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Sumatera Selatan’s balance of trade in March 2024 experienced a surplus of US$308.87 million

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Release Date	:	May 2, 2024
File Size	:	6.42 MB

Abstract

Export

The value of Sumatera Selatan’s exports in March 2024 reached US$503.09 million, increased 12.94 percent compared to exports in February 2024 and decreased 21.54 percent compared to March 2023.
Non-oil and gas exports in March 2024 reached US$461 million, increased 116.02 percent compared to non-oil and gas exports in February 2024. Meanwhile, it decreased 24.17 percent compared to March 2023.
Sumatera Selatan’s exports cumulatively during January – March 2024 reached US$1,389.91 million, decreased 21.48 percent over the same period in 2023.
The main country destinations of exports in March 2024 were China at US$196.09 million, India at US$52.71 million, and Malaysia at US$43.09 million.
Sumatera Selatan’s exports cumulatively during January– March 2024 reached US$512.26 million for China, US$164.84 million for India and US$128.28 million for Malaysia. These three countries reached 57.95 percent of total export. Meanwhile, the export to ASEAN countries and European Union are 22.40 percent and 3.47 percent.

Import

Imports of Sumatera Selatan in March 2024 were worth US$194.22 million, decreased by 15.01 percent compared to February 2024, and grew by 213.45 percent compared to March 2023.
Imports of oil and gas in March 2024 were US$2.52 million, decreased by 7.62 percent compared to February 2024, and decreased by 62.89 percent compared to March 2023.
The big three largest trading partner countries of non-oil and gas imports in January until March 2024 were China for US$423.37 million (65.72 percent), Finland for US$96.58 million (14.99 percent), and Thailand for US$25.03 million (3.89 percent).
Sumatera Selatan’s imports cumulatively during January– March 2024 from ASEAN countries and European Union reached US$65.42 million (10.15 percent) and US$113.86 million (17.67 percent).
Sumatera Selatan’s balance of trade in March 2024 experienced a surplus of US$308.87 million, which affected by a surplus of non-oil and gas of US$269.30 million and a surplus of oil and gas of US$39.57 million in oil and gas.

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Badan Pusat Statistik Kabupaten Musi Banyuasin(BPS-Statistics Musi Banyuasin Regency)Jalan Merdeka LK I Sekayu 30711Telp/Fax(0714) 321023

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