ID :
66083
Tue, 06/16/2009 - 18:53
Auther :
Shortlink :
https://www.oananews.org//node/66083
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API LOWERS EXPORT TARGET TO 2.2 PCT
Jakarta, June 16 (ANTARA) - The Indonesian Textile Producers Association (API) has lowered its export target this year from 4 percent in 2008 to 2.2 percent, API executive director Ernovian G Izmy said.
Ernovian G Izmy said here on Tuesday that his organization has lowered its textile export target due to the impact of global economic crisis.
He said that API used to set a ten percent export target every year. But due to the global financial crisis that began hitting the world in 2008, its textile export target dropped to four percent in 2008 and 2.2 percent in 2009.
According to Ernovian, as a result of the declining of textile market in the world at present, API tried its best to strengthen its regional markets taking into account the graphical proximity and the absence of import duties in ASEAN countries.
"At present we are selling textiles to the ASEAN countries like Thailand and Vietnam," Ernovian said.
However, he said, Indonesia's main export destinations were still European countries, the United States and Japan.
"These countries have four seasons so that they need more textiles than countries with only two seasons. Moreover, their purchasing power remain strong," he said.
He said that in order to reinvigorate the gloom of the textile market the government had to carry out four steps, namely making internal financial improvement, increasing the capacity of its workers, improving its infrastructure like the development of international ports and improvement in the energy sector.
Ernovian said that the energy sector had significant effect on the textile industry because its production process depended on energy.
He said that about 30 percent of the need for energy of textile industry were fuel oils so that fuel oil prices had significant impact on the development of industries, executive director of API said.
He said that production cost was much influenced by fuel oil price developments so that the price of oil in the world market would have impact on the developments of industry.***
Ernovian G Izmy said here on Tuesday that his organization has lowered its textile export target due to the impact of global economic crisis.
He said that API used to set a ten percent export target every year. But due to the global financial crisis that began hitting the world in 2008, its textile export target dropped to four percent in 2008 and 2.2 percent in 2009.
According to Ernovian, as a result of the declining of textile market in the world at present, API tried its best to strengthen its regional markets taking into account the graphical proximity and the absence of import duties in ASEAN countries.
"At present we are selling textiles to the ASEAN countries like Thailand and Vietnam," Ernovian said.
However, he said, Indonesia's main export destinations were still European countries, the United States and Japan.
"These countries have four seasons so that they need more textiles than countries with only two seasons. Moreover, their purchasing power remain strong," he said.
He said that in order to reinvigorate the gloom of the textile market the government had to carry out four steps, namely making internal financial improvement, increasing the capacity of its workers, improving its infrastructure like the development of international ports and improvement in the energy sector.
Ernovian said that the energy sector had significant effect on the textile industry because its production process depended on energy.
He said that about 30 percent of the need for energy of textile industry were fuel oils so that fuel oil prices had significant impact on the development of industries, executive director of API said.
He said that production cost was much influenced by fuel oil price developments so that the price of oil in the world market would have impact on the developments of industry.***
