Indonesia'S Textile Exports Are Developing At A High Speed

The current economic turmoil has begun to affect the whole world, while affecting the textile and garment export business in most countries.

This year, the clothing industry has invested heavily, reaching 363 million US dollars, so this year's growth rate is expected to reach 11.4%, and the growth rate in 2009 is 10%.

Garment exports are expected to reach US $6 billion 400 million by the end of the year, compared with us $5 billion 820 million last year.

Garment export growth is faster than the 8% growth expected in the textile industry.

Exports are expected to reach $10 billion 800 million, up from $10 billion 300 million last year.

Despite major layoffs in major textile companies, the apparel industry increased by 50 thousand workers, and 10 billion in 2008.

The proportion of clothing exports in global exports is only 3-4%, ranking eleventh in the global export countries. But if we learn from a few other Asian countries and adopt the best method in manufacturing industry, the share of Indonesia's clothing exports in the world market will increase in the next few years.

Exporters say the biggest obstacle facing exporters is the lack of proper communication and marketing tools, and at the same time, they are also largely lacking in research and development.

The United States and the European Union remain the main markets for clothing exports in Indonesia, while Russia and the Middle East market are complementary.

The US market accounted for 26% of Indonesia's clothing exports, followed by the European Union, with a ratio of 12%, ASEAN 5% and Japan 3%.