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Sumatera Selatan Trade Balance July 2022 Surplus US$791.52 million

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Release Date	:	September 1, 2022
File Size	:	2.68 MB

Abstract

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In July 2022, the number of foreign tourists visiting Sumatera Selatan through the entrance to Sultan Mahmud Badaruddin Airport (SMB) II Palembang was recorded at 1,019 visits.
The Room Occupancy Rate (TPK) for star hotels in July 2022 was 55.15 percent, a decrease of 0.55 points compared to the previous month's TPK which was recorded at 55.70 percent. On the other hand, when compared to the same period in 2021, it has increased by 13.45 points. While the TPK for non-star hotels for July 2022 was recorded at 19.53 percent.
The highest ROR for star hotels in July 2022 occurred in 5-star hotels, which was 73.68 percent and the lowest was in 1-star hotels, which was 35.61 percent.
The average length of stay of guests at star hotels in July 2022 reached 1.66 days, an increase of 0.08 points compared to June 2022 which was recorded at 1.58 days.
The average length of stay of foreign guests at star hotels in July 2022 is higher than the average length of stay of Indonesian guests.

Import

The import value of Sumatera Selatan in July 2022 reached US$74.58 million, down 21.26 percent compared to June 2022, and up 144.60 percent compared to July 2021.
Oil and gas imports in July 2022 were valued at US$6.97 million, up 293.19 percent compared to June 2022, and up 3,357.97 percent compared to July 2021.
Non-oil and gas imports in July 2022 were valued at US$67.61 million, down 27.25 percent compared to June 2022, and up 123.21 percent compared to July 2021.
The largest decline in imports of non-oil and gas goods in July 2022 compared to June 2022 was machinery, electrical equipment and its parts, which fell by US$16.46 million (68.74 percent). Meanwhile, the biggest increase was rubber and rubber products, which increased by US$1.52 million (65.84 percent).
The three largest suppliers of imported goods from January to July 2022 were China at US$258.35 million (53.54 percent), Singapore at US$59.84 (12.38 percent), and Thailand at US$33.66 million (6.96 percent). The value of imports from ASEAN in July was US$184.39 million (33.64 percent) and the European Union US$13.90 million (2.54 percent).
According to the category of use of goods, the value of imports from January to July 2022 against the same period the previous year saw a decline in consumer goods of US$ 2.78 million (37.89 percent), capital goods of US$ 71.69 million (30.56 percent), while raw materials raw materials/auxiliaries increased by US$111.39 million (41.37 percent).
Sumatera Selatan's trade balance in July 2022 experienced a surplus of US$791.52 million, from the non-oil and gas sector of US$746.92 million, and the oil and gas sector of US$44.60 million.

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