Bali Province Export and Import Development March 2020

EXPORT

In March 2020, the export value of Bali Province's goods abroad was recorded at US $ 44,160,861, down as deep as -13.01 percent when compared to exports in February 2020 (m-t-m) which was recorded at US $ 50,764,165. On a year-to-year basis (compared to March 2019), Bali's exports in March 2020 also fell as deep as -22.94 percent. Cumulatively (January-March 2020) Bali's exports have declined as deep as -9.28 percent compared to January-March 2019.

Goods exports to France in March 2020 recorded the deepest decline (-39.91 percent) which was dominated by the decline in exports of non-knit apparel products (HS 62). In terms of commodities, the decline the deepest was recorded in the export of jewelry / gem products (HS 71) which is as deep as -23.99 percent month to month).

IMPORT

The value of imported Balinese goods from abroad in March 2020 was recorded at US $ 13,461,649, up 13.25 percent compared to February 2020 (m-t-m) which was recorded at US $ 11,886,232. However, compared to March 2019 (y-o-y), Bali's imports in March 2020 actually recorded a decline, as deep as -39.88 percent.

Month-to-month imports of goods rose by hundreds of percent (326.21 percent) which were mainly due to an increase in imports of machinery and electrical equipment (HS 85) and leather goods (HS 42). In terms of commodities, imports of tobacco products (HS 24) recorded an increase of up to thousands of percent (2,191.43 percent).