Development of Exports and Imports of Bali Province February 2021

EXPORT

 

In February 2021, the export value of goods from Bali Province abroad was recorded to have increased by 12.75 percent (mtm), from US $ 35,279,255 in January 2021 to US $ 39,775,786 in February 2021. When compared to February 2020 (yoy), Bali's export value in February 2021 was recorded to have decreased by 21.65 percent.

 

Of the top 5 export destination countries for Bali in February 2021, the value of exports to China was recorded to have increased the most month to month by up to hundreds of percent (143.53 percent). This increase was mainly due to increased exports of fish and shrimp products (HS 03).

 

The cumulative export value in the January-February 2021 period was recorded at US $ 75,055,042, down 22.91 percent compared to the same period in the previous year.

 

IMPORT

 

In contrast to Bali's exports, the import performance of Bali Province in February 2021 actually shows a decline. The import value of Bali Province goods from abroad in February 2021 was recorded at US $ 3,566,583, down 26.81 percent compared to January 2021 (m-t-m) which was recorded at US $ 4,872,950. On a year-on-year basis, the import value of Bali Province in February 2021 was recorded to have decreased by 69.99 percent.

 

Of the top 5 countries of origin for imports in February 2021, the import value of the five countries of origin was recorded to have decreased with the steepest decline recorded in imports from Taiwan (-59.91 percent) month to month.

 

Cumulatively, the import value in the January-February 2021 period was recorded at US $ 8,439,533, down 75.91 percent compared to the same period the previous year.