Indonesia'S Textile Exports To China Increased By More Than 30%.

2011/2/18 16:14:00 71

According to the Indonesia Textile Association (API), Indonesia's free trade agreement (FTA) signed with China prompted Indonesia's textile exports to China to grow by more than 30% last year.

Therefore, Indonesia has become a textile exporter to China's exports.

API chairman Ade Sudrajat recently pointed out that although Indonesian textiles are to China,

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In 2010, growth of 70%, fiber and yarn exports also increased by 65%, but for China's textile industry, Indonesia is a consistent source of imports.

Sudrajat said that China is the world's most populous country with 1 billion 300 million inhabitants, and China's textile and textile demand can not be self-sufficient.

At the same time, because China's per capita textile consumption is growing at a high speed, the per capita consumption has increased from 12 kg to 18 kg per year.

Trade minister Mari Elka Pangestu said that 60% of Indonesia's textile and textile exports to China last year were garments and 3% were fiber yarns.

The minister said that the cost of human resources in China is rising, which has weakened China.

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The competitiveness of China's trade with the United States and the European Union also has a negative impact on the competitiveness of China's textile industry.

Contrary to China, Indonesia's textile industry has achieved development goals in the past 3 years, the minister said, but Indonesia still needs to improve the quality of its products and expand its sales.

This year, Indonesia

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The export target of textile products was set at $15 billion, compared with the export target of US $11 billion 200 million last year.