Export and Import Development of Bali Province April 2023

Export

In April 2023, the value of exports of goods from the Province of Bali to foreign countries was recorded to have decreased by 15.50 percent on a month to month (m-t-m) basis, from US$ 51,884,123 in March 2023 to US$ 43,844,392 in April 2023. When compared to April 2022 year on year (y-o-y), Bali's export value in April 2023 was recorded to have fallen 27.72 percent.


Of the top 5 export destinations for Bali in April 2023, the value of exports to Japan was recorded to have decreased by 42.65 percent and was the deepest decline (m-t-m). This decrease was mainly due to a decrease in exports of fish, crustacean and mollusk products (HS 03).


The cumulative export value in the January-April 2023 period was recorded at US$ 187,281,657, down 7.16 percent compared to the same period in the previous year.

Import

In line with exports, the import performance of the Province of Bali in April 2023 also showed a decline. The import value of Bali Province goods from abroad in April 2023 was recorded at US$ 9,997,526, down 4.42 percent compared to March 2023 (m-t-m) which was recorded at US$ 10,459,851. On a year-on-year basis, the import value of the Province of Bali in April 2023 was recorded to have increased by 195.64 percent.


Of the top 5 countries of origin for imports in April 2023, the value of imports from China was recorded to have decreased the most on a month-to-month basis, namely by 24.25 percent, which was mainly caused by a decrease in imports of machine and electrical equipment products and their parts (HS 85).
Cumulatively, the value of imports in the January-April 2023 period was recorded at US$ 36,777,322, up 206.21 percent compared to the previous year's period.