EXPORT
The value of exports through the port of loading in the North Sumatra region in December 2019 increased compared to November 2019, from US $ 602.12 million to US $ 628.01 million or an increase of 4.30 percent. When compared with December 2018, North Sumatra's exports decreased by 5.24 percent.
The group of goods that experienced the largest increase in export value of North Sumatra in December 2019 against November 2019 was the animal and vegetable fat and oil group of US $ 29.21 million (13.17%). While the group of goods that experienced the greatest decline in export value occurred in the tobacco group of US $ 5.67 million (-18.89%).
Exports to the United States in December 2019 were the largest at US $ 98.96 million followed by China at US $ 75.30 million and India at US $ 52.38 million with the contribution of the three reaching 36.08 percent.
According to the main export destination countries group in December 2019, exports to the Asian region (outside ASEAN) were the largest with a value of US $ 197.76 (31.48 percent).
IMPORT
The value of imports through North Sumatra in December 2019 on the basis of CIF (cost, insurance & freight) was US $ 382.11 million, or decreased by 5.62 percent compared to November 2019 which reached US $ 404.87 million. When compared with the same month in the previous year, the value of imports decreased by 17.79 percent.
Import value according to the category of use of goods in December 2019 compared to November 2019, capital goods rose by 21.65 percent, raw / auxiliary materials decreased by 15.86 percent while consumption goods increased by 33.59 percent.
In December 2019, the group of goods that experienced the highest increase in import value was machineries / aircraft mechanics by US $ 13.96 million (28.33%). The group that experienced the greatest decline in import value was inorganic chemicals at US $ 21.82 million (-74.61%).
The value of imports in December 2019 from China was the largest at US $ 143.53 million with a contribution of 37.56 percent of the total North Sumatra imports, followed by Malaysia at US $ 51.26 million (13.41%) and Singapore at US $ 37.16 million (9.72%).