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South Sumatra Province Goods Trade Balance in March 2023 Surplus of US$ 579.23 Million

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Release Date	:	May 2, 2023
File Size	:	1.04 MB

Abstract

South Sumatra's export value in March 2023 reached US$641.19 million, an increase of 16.59 percent compared to exports in February 2023. Compared to March 2022, the export value fell by 0.52 percent.

Non-oil and gas exports in March 2023 reached US$607.96 million, up 16.86 percent compared to February 2023. Compared to March 2022, non-oil and gas exports fell by 3.17 percent.

Cumulatively, the export value of South Sumatra from January to March 2023 reached US$1,770.19 million, an increase of 23.12 percent compared to the same period in 2022.

The largest export share in March 2023 was China at US$316.02 million, India at US$76.35 million, and Malaysia at US$46.96 million.

Cumulatively, South Sumatra's largest export value from January to March 2023 was directed to China in the amount of US$808.28 million, India in the amount of US$163.59 million, and Malaysia in the amount of US$136.58 million, with the contribution of the three of them reaching 62.62 million.

percent. Meanwhile, exports to ASEAN and the European Union were 22.24 percent and 2.63 percent, respectively

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