Tuesday, 14 January 2025 08:55

Export Value of West Kalimantan from January to November 2024 Grows by 3.09 Percent

West Kalimantan (Kalbar) saw a 3.09% year-on-year growth in export value from January to November 2024, with key commodities such as inorganic chemicals, rubber, and vegetable oils leading the way. Despite a 2.71% decline in November compared to October, exports remained significant, reaching USD 187.70 million. The top three export sectors—inorganic chemicals (53.58%), animal/vegetable fats and oils (28.96%), and rubber products (7.26%)—demonstrate the province’s strong comparative advantage. Additionally, commodities like fruits, wood products, and food industry by-products contributed to the overall growth. The main export destinations were India, China, and Oman, which together accounted for 56.07% of total exports in November 2024.


On the import side, Kalbar’s imports in November 2024 decreased by 26.37% from the previous month, totaling USD 50.60 million. However, year-on-year imports increased by 46.62% from January to November 2024. The primary import sectors were machinery and electrical equipment, mineral fuels, and mechanical machinery, which contributed 62.13% to total imports. Other significant imports included fertilizers, ships, and organic chemicals, making up 24.62% of the import value. The province’s trade data highlights both the growth in exports and the rising demand for imported goods, reflecting the region's dynamic economic activity.

Source:
https://kalbar.antaranews.com/berita/617190/nilai-ekspor-kalbar-januari-november-2024-tumbuh-309-persen

 

 

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