In­done­sian tex­tile ex­ports up 0.62% in first half of 2017

Apparel Online - - Trade Statistics -

In­done­sia im­proved marginally by 0.62 per cent in its tex­tile and gar­ment ex­ports on the Y-o-Y ba­sis in the first half of 2017. Rise in knitwear gar­ment ex­ports, up 20.4 per cent in the pe­riod, con­trib­uted sig­nif­i­cantly in mount­ing ex­ports. This surge would en­cour­age the ex­porters to keep the same mo­men­tum for rest of the year. How­ever, the coun­try noted a de­cline in ex­ports to ma­jor mar­kets such as the USA, the EU and Ja­pan by 3.6 per cent, 4 per cent and 5 per cent, re­spec­tively.

Ac­cord­ing to the In­done­sian Tex­tile As­so­ci­a­tion (API), the growth noted is a pleas­ing sign for the In­done­sian tex­tile and gar­ment ex­porters as de­spite fall­ing demand for tex­tile prod­ucts in the global mar­ket, the coun­try some­how man­aged to con­tinue its pos­i­tive trend. “The trade bal­ance of ap­par­els has im­proved markedly since the start of the year due to the reg­u­lar sup­port pro­vided by the In­done­sian Govern­ment and this has dis­cour­aged cheap im­ports into In­done­sia to pro­tect lo­cal in­dus­tries,” re­marked Ade Su­dra­jat, Chair­man, API.

The boost in ex­ports is also said to be a re­sult of the in­tro­duc­tion of au­to­mated pro­cesses in tex­tile and gar­ment man­u­fac­tur­ing. Au­to­ma­tion has made the ex­porters even more com­pet­i­tive in terms of pric­ing and de­liv­ery, thereby boost­ing the coun­try’s ex­port.

Ad­di­tion­ally, the API is aim­ing to at­tract for­eign im­porters with the coun­try’s im­prov­ing econ­omy and po­lit­i­cal sta­bil­ity. This could, in turn, be a de­cid­ing fac­tor in re­in­forc­ing In­done­sia’s po­si­tion in tex­tile and gar­ment in­dus­try. It’s worth men­tion­ing here that the Min­istry of In­done­sia has set up 1.7 per cent (in the year 2016, it was 1.2 per cent) tex­tile ex­port growth tar­get in 2017.

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