Indonesia Government Formulating Textile Export Target
Recently, according to the Indonesia Textile Association, they have exported Indonesian textile exports to US $13 billion 700 million this year, an increase of 5% over the previous year.
At the beginning of last year, Indonesian textiles
Exit
The target was $13 billion 600 million, an increase of 21% over the previous year's US $11 billion 200 million.
In November 2011, the Indonesia Textile Association revised the export target of textiles to US $13 billion to US $13 billion 100 million.
Indonesia usually
textile
The annual growth rate of exports is 10%. In the past two years, the annual growth rate of textile exports in Indonesia is 20%.
But in 2012, Indonesia's textile exports could only increase by 5% compared with 2011.
Meanwhile, the share of textile sales in Indonesia's domestic market will increase to 50%, thanks mainly to the rise in local textile purchases.
Textile sales account for 40% of Indonesia's domestic market share.
Indonesian domestic textiles in 2010
Sales volume
Up to 90 trillion rupiah, by the end of 2011, Indonesia's domestic textile sales were estimated to be 99 trillion rupiah.
It is estimated that Indonesia's textile industry still has room for growth of 70% to 90% as long as its energy supply is adequate and infrastructure is perfect.
It is reported that Indonesia's textile industry will receive about 3 trillion Indonesian investment.
In terms of raw materials, cotton prices will stabilize between $1 per kilogram and $1.2 per kilogram.
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