The export value of Kalimantan Timur Province in February 2024 was recorded at US$1,766.64 million, a decrease of 9.24 percent compared to January 2024.
In February 2024, the export of oil and gas (migas) amounted to US$167.83 million, a decrease of 44.10 percent compared to January 2024. Meanwhile, non-oil and gas (nonmigas) exports were recorded at US$1,598.81 million, a decrease of 2.88 percent.Cumulatively, the export value of Kalimantan Timur Province during January-February 2024 was recorded at US$3,713.10 million, a decrease of 27.20 percent compared to the same period in 2023.Based on the category of goods, the largest increase in nonmigas exports in February 2024 compared to January 2024 occurred in the category of mineral fuel goods, which increased by US$92.28 million (7.53 percent). On the other hand, the deepest decrease occurred in the category of animal/vegetable fats and oils, amounting to US$121.57 million (-38.14 percent).During January-February 2024, China was the main destination for exports, playing the largest role with an export value of US$1,060.31 million (32.67 percent), followed by India with a value of US$530.42 million (16.35 percent), and the Philippines with US$288.29 million (8.88 percent).During January-February 2024, mining commodities remained the mainstay of Kalimantan Timur Province's exports, accounting for 68.49 percent. Industrial products ranked second with a share of 18.69 percent, and the export value of migas ranked third with a contribution of 12.61 percent.The three ports that made the largest contributions to the total export value of Kalimantan Timur Province in February 2024 were Samarinda Port (US$537.80 million), Balikpapan Port (US$520.57 million), and Tanjung Bara Port (US$362.24 million).The import value of Kalimantan Timur Province in February 2024 was recorded at US$332.97 million, a decrease of 21.94 percent compared to January 2024.The nonmigas import value was US$99.57 million, a decrease of 24.30 percent compared to January 2024. Meanwhile, the migas import value in February 2024 was US$233.40 million, a decrease of 20.88 percent.The largest increase in nonmigas imports was in the category of ships, boats, and floating structures, which increased by US$11.99 million (117.43 percent). Conversely, the deepest decrease occurred in the category of machinery and mechanical equipment and parts, amounting to US$25.19 million (-45.03 percent).In terms of their contribution to the total nonmigas imports during January-February 2024, the largest contributions by the country of origin were dominated by China with US$66.12 million, accounting for 28.61 percent, followed by Japan with US$30.28 million, accounting for 13.10 percent, and the United States with US$27.15 million, accounting for 11.75 percent.By category of use, in February 2024, the consumption goods category increased by 13.83 percent compared to the previous month. On the other hand, the raw materials/auxiliary goods and capital goods categories decreased by 21.86 percent and 23.13 percent, respectively.The trade balance of Kalimantan Timur Province in February 2024 experienced a surplus of US$1,433.67 million. The nonmigas sector trade balance recorded a surplus of US$1,499.24 million, while the migas sector recorded a deficit of US$65.57 million.
