North Sumatra Investment Book
B BANK INDONESIA
BANK SENTRAL REPUBLIK INDONESIA
INTERNATIONAL TRADE
Adjacent to the world trade route, North Sumatra maintains its trade competitiveness among peer countries. Although the latest export
volume of North Sumatra is moderating as a result of geopolitical conflicts and Zero Covid Policy of Tiongkok as the biggest share of
export countries, export growth predicted to expand in the next quarter as Zero Covid Policy has ended.
EXPORT
EXPORT
USD Billion
- Billion Kg
4,2
3,7
3,2
2,7
2,2
1,7
1,2
0,7
0,2
90
IMPORT
IMPORT
YoY
USD Billion Billion Kg
-
80%
2,00
60%
18,9%
1,50
40%
15.1%
12,3%
20%
1,00
12,2%
-12,2%
0%
-9,0%
0,50
-20%
22
III
-40%
0,00
IV
2019
2020
2021
2022
Export (Billion USD)
Export Value (Billion Kg)
Source: Bea Cukai, proceed
Export Shares Based on Countries
YOY
40%
17,1%
6,2%
20%
-0,2% 0,1%
0%
0,7%
-6,0%
-20%
2233
-40%
2019
2020
2021
2022
Import
Import Volume
Source: Bea Cukai, proceed
USD Billion Billion Kg
Tiongkok
USA
51,7%
Euro Area
■India
Others
20,5%
10,6%
6,3%
10,8%
North Sumatra Investment Book
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