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Benefiting from the antidumping sanctions imposed by the
European Union on China and Vietnam, Indonesia will see its footwear
exports this year jump by about 43 percent to US$2 billion, surpassing
the annual target of $1.7 billion.
Anshari Bukhari, the director general of machinery, textile and
miscellaneous industries at the Industry Ministry, said here Wednesday
that the country's footwear exports amounted to $1.4 billion last year.
He noted that Indonesia this year was benefiting from the European
Union's antidumping sanctions against China and Vietnam.
"The advantages can be seen through, among other things, the relocation
of some 20 shoe companies to Indonesia. They invested here by either
taking over defunct factories or establishing new ones," he was quoted
by Antara as saying.
He said that the setting up of the new shoe firms would boost foreign
buyers' orders of footwear products from Indonesia.
He noted that like Indonesia, India was also benefiting from the
European penalties. "India, already one of the world's largest
producers of footwear products, will see their value double this year
to $3 billion from the target of $1.5 billion," Anshari said.
Meanwhile, Trade Minister Mari Elka Pangestu said Wednesday that she
believed Indonesia's non-oil and gas exports would grow by around 10
percent next year, despite an expected slowdown in the global economy
and the drop in commodity prices.
"We will continue improving our competitive edge and diversifying our
export products so that the source of export growth will not only come
from commodities," she said after a meeting on the preparations for the
post-fasting holidays at the Transportation Ministry on Wednesday.
She said that if non-oil and gas exports grew by 12 to 14 percent to
$100 billion this year, then exports would definitely reach US$110
billion next year.
The Central Bureau of Statistics (BPS) reported that non-oil and gas
exports rose by 4.08 percent to US$7.04 billion in August compared to
total exports in the same month of $8.90 billion -- up slightly by 0.73
percent from $8.82 billion in July.
Export growth in August was spurred mainly by increased exports of a
number of commodities, such as iron ore, fuels, tin, rubber, power
generators and equipment.
The exports of some leading manufactured products, such as textiles,
wood, wooden items and paper, declined.
From January to August, non-oil exports reached US$50.3 billion, with
the industrial sector contributing US$41.5 billion, the agricultural
sector US$2.6 billion and mining US$6.5 billion.
Exports of industrial products in the January-August period only grew
by 14.58 percent compared to 21.66 and 35.26 percent respectively by
the agricultural and mining sectors.
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