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Indonesian non-knit apparel exports up 1.78% in Jan-April
12
Jun '14
The exports of non-knitted apparel and clothing accessories (under HS code 62) from the Southeast Asian nation of Indonesia increased marginally by 1.78 percent to US$ 1.355 billion in the first four months of the current year, compared to exports of $1.332 billion made during the corresponding period of last year, the data from Statistics Indonesia showed.
 
In April 2014, Indonesia’s exports of non-knitted apparel and accessories stood at $342.7 million, showing an increase of 7.07 percent over exports valued at $320.1 million made in March 2014.
 
Non-knitted garments and apparel accessories exports accounted for 2.82 percent share in Indonesia’s non-oil and gas exports during January-April 2014, according to ‘The Overview of Indonesian Export and Imports in April 2014’ released by Statistics Indonesia.
 
Meanwhile, Indonesian cotton (HS code 52) imports increased by 2.66 percent year-on-year to $890.9 million in January-April 2014, compared to imports of $867.8 million made during the same period of last year.
 
However, on a month-on-month basis, Indonesia’s cotton imports surged by 46.71 percent to $278.6 million in April 2014.
 
In 2013, Indonesia’s textile and apparel exports increased by 1.76 percent year-on-year to $12.68 billion, with the US, Japan and Turkey being the main markets. Of this, garment exports accounted for $7.38 billion or 58.2 percent.
 
For the current year, the Indonesian Textile Association (API) has set textile and clothing export target at $13.3 billion, about 4.88 percent higher than last year.
 

Fibre2fashion News Desk - India

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