The Head of the Regional Office of the Directorate General of Customs and Excise (DJBC) for Western Sumatra, has reported that Lampung Province's trade balance has recorded a surplus of USD 549 million until the end of June 2023, derived from the difference between export and import foreign exchange. The recorded import foreign exchange for Lampung amounts to USD 1.16 billion, while the export foreign exchange is at USD 1.7 billion. However, this trade balance, when compared year-on-year, has experienced a decline of 2.24%, equivalent to USD 26 million. This is due to the fact that in the same period last year, it was at USD 576 million.
 
This decline was influenced by the decrease in the reference price of crude palm oil (CPO). The export performance until June is at USD 1.7 billion, and exports are predominantly auxiliary raw materials valued at USD 1.5 billion. The largest contributor to exports based on the type of auxiliary raw materials is palm oil at USD 609 million, followed by coal at USD 441 million, cake and residue at USD 135 million, coffee at USD 106 million, and pulp at USD 75 million. In terms of import performance until June 2023, it is at USD 1.1 billion, with the highest contributor based on the type of auxiliary raw materials being crude oil, valued at USD 410 million. The top five auxiliary raw materials contributing to import foreign exchange are crude oil at USD 410 million, processed foods at USD 265 million, livestock at USD 163 million, cake and residue at USD 96 million, and seasonal plants at USD 69 million. With the continued surplus in Lampung's trade balance, it is expected that a balanced state will be maintained in terms of export and import foreign exchange until the end of the year.
 
Source: https://lampung.antaranews.com/amp/berita/694932/neraca-perdagangan-lampung-surplus