Automotive recorded the fastest growth of 47 percent compared to five other products. Data as of June 2010 the Ministry of Commerce said the five main export products of Indonesia comprising the textile and textile products (TPT), footwear, electronics, automotive, and crude palm oil (CPO) rose rapidly last five years.
Mahendra Siregar, Deputy Minister of Trade explained, automotive recorded the fastest growth compared to five other products that reach 47 percent in the first half of 2010.
"Share of exports of automotive products grew in emerging market countries such as Thailand, Saudi Arabia, and Brazil," said Mahendra Siregar told reporters in Jakarta, Thursday, August 26, 2010.
According to Mahendra, for palm oil exports rose 16 percent in the first half of 2010. Meanwhile, growth in textile exports reached 18 percent. China, Brazil, and Italy is a potential for the textile export market in 2010.
"Exports of textile products later this year could reach U.S. $ 10 billion. The number is like 2008," he said.
Mahendra explained, the three main export products, namely automotive, electronics, and footwear grew at over 25 percent in the first half of 2010. Third manufacturing registered a high growth, ie 48 percent automotive, electronics 38 percent, and footwear 26 percent.
According to Mahendra, automotive manufacturers can take advantage of the Asean Free Trade Area (AFTA). AFTA provides opportunity for automotive products with 40 percent of local content can be exported to Asean countries without customs duties.
For electronics, it is expected to penetrate the export figures of U.S. $ 9 billion, or at least maintained as in 2009 which reached U.S. $ 8.68 billion. Meanwhile, for footwear, Mahendra expect export value reached U.S. $ 2.5 billion from a year earlier to U.S. $ 1.74 billion.
"Throughout the history of exporting, footwear has never reached this high cost. So far, the talks focused on imports, but do not forget, our exports have also risen," he said.
Mahendra Siregar, Deputy Minister of Trade explained, automotive recorded the fastest growth compared to five other products that reach 47 percent in the first half of 2010.
"Share of exports of automotive products grew in emerging market countries such as Thailand, Saudi Arabia, and Brazil," said Mahendra Siregar told reporters in Jakarta, Thursday, August 26, 2010.
According to Mahendra, for palm oil exports rose 16 percent in the first half of 2010. Meanwhile, growth in textile exports reached 18 percent. China, Brazil, and Italy is a potential for the textile export market in 2010.
"Exports of textile products later this year could reach U.S. $ 10 billion. The number is like 2008," he said.
Mahendra explained, the three main export products, namely automotive, electronics, and footwear grew at over 25 percent in the first half of 2010. Third manufacturing registered a high growth, ie 48 percent automotive, electronics 38 percent, and footwear 26 percent.
According to Mahendra, automotive manufacturers can take advantage of the Asean Free Trade Area (AFTA). AFTA provides opportunity for automotive products with 40 percent of local content can be exported to Asean countries without customs duties.
For electronics, it is expected to penetrate the export figures of U.S. $ 9 billion, or at least maintained as in 2009 which reached U.S. $ 8.68 billion. Meanwhile, for footwear, Mahendra expect export value reached U.S. $ 2.5 billion from a year earlier to U.S. $ 1.74 billion.
"Throughout the history of exporting, footwear has never reached this high cost. So far, the talks focused on imports, but do not forget, our exports have also risen," he said.
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