Illustration (Photo:Medcom.id/Eko Nordiansyah)
Illustration (Photo:Medcom.id/Eko Nordiansyah)

Indonesian Furniture and Craft Industry Eyes International Markets

English global economy (en) indonesian economy (en)
Ilham wibowo • 18 Maret 2019 12:46
Jakarta: Trade Ministry's small, medium and multifarious industries director general Gati Wibawaningsih is confident that Indonesia's furniture and craft products could be competitive in international markets.
 
The 2019 International Furniture Expo (IFEX) took place at the Jakarta International Expo (Jiexpo) Kemayoran in Central Jakarta last week. It gathered thousands of buyers from Indonesia and other countries.
 
The event was jointly organized by Indonesian Furniture and Craft Industry Association (HIMKI) and event organizer Dyandra Promosindo. It was supported by the Industry Ministry, the Trade Ministry and the Cooperatives and Small Medium Enterprises (SMEs) ministry and other related government agencies.

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"It is not only the responsibility of government officials. It is also the responsibility of all stakeholders," the Trade Ministry official said in a written statement received by Medcom.id.
 
According to the official data, the country's furniture exports stood at US$113.36 million in January 2019. It increased by 8.2 percent compared to the previous month.
 
In the meantime, the nation's furniture exports stood at US$1.69 billion throughout 2018. It rose by four percent compared to the previous year.
 
"They should provide good after sales services. So they would have loyal customers," the Trade Ministry official added.
 
Quoting a recent report from the Central Statistics Agency (BPS), Indonesia recorded a trade surplus of US$330 million in February 2019, it was its first surplus since October 2018.
 
Indonesian exports stood at US$12.53 billion in February 2019. It decreased by 10.03 percent compared to January 2019.
 
Indonesian non-oil and gas exports stood at US11.44 billion in February 2019. It decreased by 9.85 percent compared to January 2019.
 
Amid rising global economic uncertainty, Indonesia recorded a trade deficit of US$8.57 billion in 2018. It was the highest ever recorded by the agency.
 
Indonesian exports reached US$180.06 billion in 2018. The number increased by 6.65 percent compared to 2017.
 
Indonesian non-oil and gas exports reached US$162.65 billion last year. The number increased by 6.25 percent compared to the previous year.
 

(WAH)
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