The Export Value of South Sumatra in August 2016 Increases by 24.42 Percent from the Previous Month

The export value of South Sumatra in August 2016 increased by 24.42 percent compared to July 2016. However, when compared with the same period in 2015 (January - August 2015) exports of South Sumatra Province decreased by 32.29 percent.
    The export value of South Sumatra Province in August 2016 amounted to US $ 155.75 million consisting of oil and gas exports of US $ 6.31 million and US $ 149.43 million from exports of non-oil and gas commodities.

    Malaysia, Japan and the United States are still the main destination countries for South Sumatra exports in the period January - August 2016, reaching US $ 153.50 million, US $ 127.08 million and US $ 211.76 million respectively, with the role of the three reaching 40.95 percent of total exports from January to August 2016.

    Exports to the European Union in January - August 2016 reached US $ 176.42 million (14.67 percent of total exports) and exports to ASEAN reached US $ 239.34 million (19.91 percent of total exports).

    According to the Sector, compared to the period January - August 2015, industrial product exports in January - August 2016 decreased by 25.04 percent, exports of agricultural products decreased by 8.34 percent and mining products decreased by 36.70 percent.