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The Trade Balance Has a Surplus of US $ 193.26 million in June 2020

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Release Date	:	July 15, 2020
File Size	:	2.64 MB

Abstract

The value of South Sumatra's exports in June 2020 increased by 2.03 percent compared to exports in May 2020. However, when compared with the same period in 2019 (January-June 2019) South Sumatra Province's exports experienced a decrease of 15.70 percent.
• The export value of the South Sumatra Province in June 2020 of US $ 245.72 million consisted of oil and gas exports of US $ 7.92 million and US $ 237.80 million which was the result of non-oil and gas commodity exports.
• China, the United States and Malaysia became the main export destination countries of South Sumatra in the period January - June 2020, each with US $ 547.83 million, US $ 161.15 million and US $ 150.50 million, with the roles of the three reaching 51.12 percent of total exports for the period January - June 2020.
• The value of South Sumatra imports in June 2020 was US $ 52.46 million, down 9.48 percent when compared to imports in May 2020.
• Imports of South Sumatra Province in June 2020 amounting to US $ 52.46 million consisting of oil and gas imports amounting to US $ 1.91 million and non-oil and gas totaling US $ 50.55 million.
• The biggest countries of origin for the period January - June 2020 were China with an import value of US $ 191.82 million, followed by Malaysia with an import value of US $ 28.24 million and Vietnam with an import value reaching US $ 11.42 million.

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