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

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.