Development of Exports and Imports of Bali Province August 2020

EXPORT

After experiencing an increase in July 2020, the value of Bali Province goods exports abroad in August 2020 was recorded to have decreased by -0.55 percent (mtm), from US $ 33,994,467 in July 2020 to US $ 33,807,208 in the month August 2020. When compared to August 2019 (yoy), Bali's export value in August 2020 also recorded a drop of -27.19 percent.

Cumulatively, the export value of goods from Bali Province for the January-August 2020 period was recorded at US $ 293,686,924, down -24.79 percent compared to the same period in 2019 which was recorded at US $ 390,501,006.

Of the top 5 export destination countries for Bali, only the value of exports to the United States was recorded to have decreased in August 2020 (m-t-m), namely by -13.25 percent. This decrease was mainly due to lower exports of fish and shrimp products (HS 03).

IMPORT

The import performance of Bali Province in August 2020 showed a decline. The value of imported goods from Bali Province from abroad in August 2020 was recorded at US $ 3,530,390, a decrease of -22.16 percent compared to July 2020 (m-t-m) which was recorded at US $ 4,535,697. On a year-on-year basis, the import value of Bali Province in August 2020 was recorded to have decreased by -85.47 percent.

Cumulatively, the import value in the January-August 2020 period was recorded at US $ 67,520,281, down -60.90 percent compared to the same period in 2019 amounting to US $ 172,692,752.

Of the top 5 countries of origin for imports, only the import value from Australia was recorded to have increased as high as 65.23 percent (m-t-m) which was mainly due to increased imports of stone, gypsum and cement products (HS 68).