Monday, November 24, 2008

Indonesia Export-Import is still under control

The global economic crisis that lasts up to now not affect the performance of export and import of Indonesia yet. Due to, in the short term, export import is still confident.

For example, in the period of January-September 2008, the export and import reached 107.7 billion U.S. dollars, or 29.69 percent increase compared to the same period in 2007, as result of Implementation of Policy Coordination Forum of Foreign Trade meeting which held in Jambi, Friday (21 / 11).

From the total value of exports and imports in the period of January-September 2008, the non-oil/gas export reached 83.3 billion U.S. dollars, or 23.36 percent increase. However, the export growth (August-September) is estimated to be slightly decreased or will happen until the end of this year.

"Although the export growth is decelining, the non-oil/gas export target 12.5 percent is optimism can be achieved," said Kasubdin of Foreign Trade's Jambi, Zainal Abidin who participate in the formulation team.

Meanwhile, the imports value in the period January-September 2008 reached 101.1 billion U.S. dollars consist of the oil/gas import of 25.9 billion U.S. dollars and import of non-oil/gas 75.2 billion U.S. dollars.

Contribution of the total imports of raw materials, especially the auxiliary (78.1 percent), capital goods (15.2 percent) and consumption (6.7 percent).

Other results  from the meeting is also concluded that if the global economic crisis continues in the long term, target non-oil/gas export Indonesia in 2009 should be returned to anticipate the situation and respond to the policy of economic crisis on the global trade.

For example, maintaining the export by giving a guarantee against the risk of payment from the buyer, strengthening the export of crude palm oil (CPO) to zero percent, and prevent the illegal import of garment, electronics, food, toys and children's shoes. Also, the government must improve monitoring of goods circulating.