January 2020 Sumatera Utara's exports have decreased by 6.05 percent, while Sumatera Utara's imports have increased by 2 42 percent

The value of exports through the port of loading in the Sumatera Utara region in January 2020 has decreased compared to December 2019, from US $ 628.01 million to US $ 590.02 million or decreased by 6.05 percent. When compared with January 2019, Sumatera Utara exports decreased by 13.52 percent.

The group of goods that experienced the largest increase in export value of Sumatera Utara in January 2020 against December 2019 was a group of various chemical products amounting to US $ 9.64 million (18.17%). The biggest decline in export value occurred in the animal / vegetable fats and oils group of US $ 44.78 million (-17.84%).

Exports to the United States in January 2020 were the largest at US $ 79.86 million followed by China at US $ 64.12 million and India at US $ 47.06 million with the contribution of the three reaching 32.38 percent.

According to the group of main export destinations in January 2020, exports to the Asian region (outside ASEAN) were the largest with a value of US $ 227.36 (38.53 percent).


IMPORT

Import value through Sumatera Utara in January 2020 based on CIF (cost, insurance & freight) of US $ 391.34 million, or an increase of 2.42 percent compared to December 2019 which reached US $ 382.11 million. When compared with the same month in the previous year, the value of imports decreased by 14.50 percent.

Import value according to class of goods use in January 2020 compared to December 2019, capital goods rose by 9.87 percent, raw / auxiliary materials rose by 13.60 percent while consumption goods decreased by 52.83 percent.

In January 2020, the group of goods that experienced the highest increase in import value was machineries / aircraft mechanics at US $ 12.51 million (19.78%). The group that experienced the highest decline in import value was mineral fuels of US $ 8.37 million (-15.73%).

January 2020 imports from China were the largest at US $ 132.40 million with a role of 33.83 percent of the total Sumatera Utara imports, followed by Singapore at US $ 48.44 million (12.38%) and Malaysia at US $ 33, 08 million (8.45%).