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    Indonesian Textile And Apparel Exports Dropped To US $13 Billion 100 Million This Year.

    2011/11/1 9:40:00 20

    Indonesian Textile And Clothing Export Index

    Indonesia Textile Association

    (API

    Concerned about the increasing impact of global economic crisis and revising this year's exports

    index

    It was lowered from $13 billion 600 million to $13 billion 100 million.


    API chief executive A De said the impact of exports was felt in September.

    The survey results showed that the average export volume of Indonesia textile products decreased by 1% to 2%.

    market share

    It accounts for 36% of total exports, while European countries account for 14%.

    Nevertheless, exports

    Adjustment range

    Not too big. The new export target is US $13 billion 100 million, or 16.75% higher than last year's US $11 billion 220 million.


    As for next year's export targets, he admits that due to the uncertainty of the world economic development and the inability to calculate the indicators for next year, the figure is usually determined in October. However, he estimates that exports will increase by less than 10% next year.


    He said that exports can still grow, because they are sold to Europe and the United States, turning to China and the ASEAN region, such as Indonesia, Thailand, Vietnam, Kampuchea and South Asia, Bangladesh, Pakistan, India and Leland, which are due to the reduction in the price of Chinese products due to increased domestic production funds.


    He believes that the government must take actions to overcome the crisis in real time, for example, improving the competitiveness of domestic industries, building infrastructure and providing the supply of gas to industry.

    In addition, the government should step up discussions with the European Union and Australia.

    Free trade agreement


     
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