Home / Knowledge / News / Textiles / Indonesian textile exports up by 5% in 2017: API
Indonesian textile exports up by 5% in 2017: API
04
Jan '18
Indonesian textile exports up by 5% in 2017: API
Indonesia's textile exports rose by 5 per cent on a year-on-year basis in 2017 after being stagnant in the 2012-2016 period despite a decline in global textile demand in the year, according to the Indonesian Textile Association (API). Exports to the United States and Japan fell by 2 per cent each in 2017, while to the European Union (EU) fell by 3 per cent.

These declines were offset by rising textile demand in Southeast Asia and the Middle East, API chairman Ade Sudrajat said while disclosing the statistics recently.

The United States still remains the biggest market for Indonesian textiles. About 36 per cent of Indonesian textile shipments go there. On second place comes the Middle East (23 per cent), followed by the EU (13 per cent).

Indonesia's competitiveness, in general, has improved in the textile sector which has attracted more investment because of the country’s stable economy, a leading portal monitoring the country’s economy reported.

Various textile factories were moved from West Java and Banten to Central Java several years ago because minimum wages rose too steeply in West Java and Banten. Central Java still offers a relatively cheap production environment.

Nearly $759 million was invested in Indonesia's textile industry in the January-September 2017 period, much higher than the figure in the same period a year earlier, according to statistics from the country’s Investment Coordinating Board (BKPM).

As Indonesia lacks a free trade agreement with the EU like Vietnam, Sudrajat urged the government to have discussions with the EU to further improve the competitiveness of the country’s textile products. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Azerbaijan's Gilan Textile Park raises exports by 40%

Apparel/Garments | On 18th Aug 2018

Azerbaijan's Gilan Textile Park raises exports by 40%

Azerbaijan's Gilan Textile Park has raised its exports by 40 per cent ...

CPD studies living cost of Bangladesh RMG workers

Apparel/Garments | On 18th Aug 2018

CPD studies living cost of Bangladesh RMG workers

The living cost of readymade garment (RMG) workers in Bangladesh...

Brazilian cotton price index returns to April 2018 level

Textiles | On 18th Aug 2018

Brazilian cotton price index returns to April 2018 level

Cotton prices dropped in Brazil in the first fortnight of August as...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Justin Chan & Shyam Gollakota
University of Washington

A fabric that can store data without any electronics or batteries has been ...

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


August 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search