China to Boost Exports to Indonesia

Date: 
Tue, 2012-03-06 (All day)

Indonesia is facing an influx of imported goods from China as the latter is likely to shift to Asian markets in response to the looming decline of exports to Europe and the United States amid prolonged economic crises, an official says.

National Development Planning Agency's (Bappenas) trade, investment and international economic cooperation director, Amalia Adininggar, said that among the signs that China has been turning to Indonesian market for exports, mainly for textiles and electronic goods, is the soaring trade deficit recorded by the Central Statistics Agency (BPS) in January 2012.

The BPS recorded that Indonesia’s trade deficit with China rose to US$1.17 billion, while according to Bloomberg the trade deficit is $328 million. Last December, the deficit was just $162.9 million.

However, Amalia was optimistic that Indonesia would be able to harness the deficit, banking its hopes on the exports of raw material, such as coal.

"China still needs the coal from Indonesia as an energy source of their power," she was quoted by kontan.co.id on Monday.

 

From: The Jakarta Post

Highlights
  • INDO INTERTEX 2023

    The Indonesia International Textile and Garment Machinery & Accessories Exhibition

    29 - 31 March 2023 -

  • INDO TEXPRINT 2023

    Indonesia International Digital Textile and Screen Printing Exhibition

    29 - 31 March 2023 -

  • INATEX 2023

    Indonesia International Nonwoven Home Textile Apparel Accessories Exhibition

    29 - 31 March 2023 -

  • INDO DYECHEM 2023

    Indonesia International Dyeing and Chemical for Textile Exhibition

    29 - 31 March 2023 -

  • IGHE 2023

    Indonesia International Gifts and Housewares Expo 2023

    24 - 26 August 2023 -

  • IBTE 2023

    Indonesia International Baby Products & Toys Expo 2023

    24 - 26 August 2023 -

  • IEAE 2023

    Indonesia International Electronic and Smart Appliance Exhibition 2023

    24 - 26 August 2023 -

  • PAPER INDONESIA 2023

    Indonesia International Exhibition for Pulp, Paper, Converting, Tissue and Packaging Industries

    02 - 04 November 2023 -

  • IIME & ENERGY INDONESIA 2023

    Indonesia International Machinery and Electronic Product

    02 - 04 November 2023 -