May 2018, Exports US $ 255.8 million, Import US $ 56.9 million

A. DEVELOPMENT OF EXPORT

·         The export value of the province of Bangka Belitung Islands in May 2018 is worth US $ 255.8 million, up 54.57 percent compared to the export value in May 2017.

·         The value of tin exports rose 90.34 percent, while nontimah fell 36.51 percent (y-on-y).

·         Compared to the previous month (m-to-m), the value of exports rose by 111.94 percent. Tin exports rose 160.53 percent, while nontimah fell by 12.54 percent.

·         Singapore absorbs 23.95 percent (US $ 192.2 million) of tin exports, while Bangladesh absorbs 20.21 percent (US $ 32.4 million) of non-commercial exports during January-May 2018.

·         The value of mineral fuel exports (HS 27) in January-May 2018 amounted to US $ 74 million or 46.25 percent of total exports of the province of Bangka Belitung Province.

B. IMPORT DEVELOPMENT

·         The import value of Bangka Belitung Islands Province in May 2018 amounted to US $ 56.9 million, up 500.22 percent compared to May 2017. So, imports from January to May 2018 to US $ 99.8 million.

·         A total of 93.31 percent of imports from January to May 2018 in the form of oil and gas.

·         Non-oil and gas imports from January to May 2018 were dominated by machineries / aircraft mechanics (HS 84) of 80.14 percent (US $ 5.3 million).