Sumatera Selatan's Balance of Trade November 2023 Surplus US$315.32 million.

• The value of Sumatera Selatan’s exports in November 2023 reached US$464.65 million, decreased 11.93 percent compared to exports in October 2023 and decreased 26.87 percent compared to November 2022.
• Non-oil and gas exports in November 2023 reached US$443.05 million, decreased 8.29 percent compared to non-oil and gas exports in October 2023. Meanwhile, it decreased 25.39 percent compared to November 2022.
• Sumatera Selatan’s exports cumulatively during January - November 2023 reached US$5,971.06 million, decreased 13.97 percent over the same period in 2022.
• The main country destinations of exports in November 2023 were China at US$172.94 million, India at US$71.60 million, and South Korea at US$ 28.93 million.
• Sumatera Selatan’s exports cumulatively during January– November 2023 reached US$2,400.91 million for China, US$663.33 million for India and US$430.81 million for Malaysia. These three countries reached 58.53 percent of total export. Meanwhile, the export to ASEAN countries and European Union are 22.89 percent and 3.05 percent.

IMPORTS

Imports of Sumatera Selatan in November 2023 were worth US$149.32 million, increased by 2.88 percent compared to October 2023, and grew by 198.80 percent compared to November 2022.
• November 2023 were US$2.75 million, increased by 47.04 percent compared to October 2023, and fell by 31.46 percent compared to November 2022.
• November 2023 were worth US$143146.57 million, increased by 2.31 percent compared to October 2023, and grew by 218.90 percent compared to November 2022. 
• Sumatera Selatan’s balance of trade in November 2023 experienced a surplus of US$315.32 million, which affected by a surplus of non-oil and gas of US$296.48 million and a surplus of oil and gas of US$18.84 million in oil and gas.