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    In 2011, Indonesia'S Textile And Garment Industry Was Still Supported By Domestic Consumption.

    2011/12/16 13:05:00 18

    Domestic Consumption Support Of Indonesian Textile And Garment Industry

    In 2011, the development of Indonesia's textile and garment industry was better than last year, but it failed to achieve its intended goal. This is because the global economic crisis has reduced demand in the US and Europe.

    Setiawan, chairman of public relations at Java branch of Indonesia Textile Association (API), said that in 2011, the country's textile industry was still subject to domestic market.

    consumption

    Support.


    However, the reality is that foreign markets also have large demand, but we can not compete in price. Coupled with the weak global economic growth, our traditional export destination markets, such as the United States, Europe and Japan, have suffered financial crises, Setia Wan said.


    Setia Wan added that, therefore, the state

    Spin

    The real demand for industry is still larger than that in the domestic market.

    The potential demand in overseas markets is also very large.

    In the world's total textile market, Indonesia's exports account for only 29% of the national textile industry.


    Setia said that there is a potential demand in the world's major textile market, and our products do not focus on these markets wholeheartedly.

    At the same time, our trade relationship has never been on the national textile industry.

    increase

    Establish support.

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