JAKARTA: Up to one semester in 2010, five major Indonesian export commodities, textiles and textile products (TPT), footwear, electronics, automotive, and palm oil (crude palm oil) has increased rapidly. CPO contribution to exports is the largest among four other commodities, is equal to 9.6%.
Mahendra Siregar, Deputy Minister of Commerce revealed that CPO exports reached U.S. $ 5.71 billion in 2010 or exports grew 16% compared to same period last year which amounts to U.S. $ 4.92 billion.
Exports of textile products in semester one in 2010 reached U.S. $ 4.95 billion, or grew 17% compared to exports in the same period last year which amounts to U.S. $ 4.23 billion.
According to Mahendra, if export growth can be maintained, the textile product export target this year announced U.S. $ 10 billion could be achieved.
He continued his three other manufactured commodities, automotive, electronics, and footwear, each with its exports to grow 40%, 38%, and 26% in the first semester of 2010. According to Mahendra, the figure reached by the three commodity exports was the highest in the history of Indonesia\'s trade.
Composition of five major export commodities are increasingly reduced to approximately 28% -29% compared to last year\'s composition of 35%. According to Mahendra, it happened because of the diversification of export products of Indonesia.
For the purpose of export markets, most textile products sold to the U.S., Japan, Germany. Meanwhile, electronic products, the U.S. and Japan is still the main goal.
"Footwear and equipment to the most developed countries as a primary goal. If other automotive, instead grows rapidly in emerging markets," said Mahendra. (Source: mediaindonesia.com)
