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Trade Balance Surplus US$ 293.97 million in May 2021

Release Date	:	June 15, 2021
File Size	:	2.32 MB

Abstract

The export value of South Sumatra in May 2021 reached US$ 359.59 million, down 16.33 percent compared to April 2021. However, when compared to May 2020, it increased 49.31 percent.

Non-oil and gas exports in May 2021 reached US$ 344.91 million, decreased by 18.18 percent compared to April 2021, and when compared to May 2020 it rose 49.40 percent. Meanwhile, oil and gas exports in May 2021 reached US$ 14.68 million, up 77.64 percent compared to April 2021, and when compared to oil and gas exports in May 2020, it rose 47.13 percent.

China, the United States and Japan became the main export destination countries for South Sumatra in the January - May 2021 period, reaching US$ 631.07 million, US$ 175.27 million and US$ 133.60 million, respectively, with the role of the three reaching 49.18 percent of total exports for the period January - May 2021.

The value of South Sumatra's imports in May 2021 was US$ 65.61 million or decreased by 34.11 percent compared to April 2021, however, compared to May 2020 imports, it increased by 13.21 percent.

Non-oil and gas imports in May 2021 reached US$ 65.44 million, down 33.71 percent compared to April 2021, but when compared to non-oil and gas imports in May 2020, it rose 13.71 percent. Meanwhile, oil and gas imports in May 2021 reached US$ 172.98 thousand, down 80.11 percent compared to April 2021, and down 57.33 percent compared to May 2020.

The three main import origin countries are China with an import value of US$ 289.06 million, followed by Malaysia with an import value of US$ 13.38 million and Canada with an import value of US$ 12.70 million, with the contribution of the three reaching 79.39 percent of total imports for the period January - May 2021.

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