Wednesday, January 6, 2010

Indonesia Exports Grow 5.1 Percent in 2010

The Indonesia government claimed optimistic exports in 2010 shown a positive growth. The reason is, the five Indonesia largest export markets are getting economic improvement.

Five countries are projected to experience positive economic growth in 2010 include the European Union, the United States, China, Japan, and India. In addition, the government also seeks to open new markets like the Middle East, Europe, and Russia.

"After experiencing a negative contraction in the year 2009, we expect exports will go to a positive growth in 2010," said Minister of Trade Mari Elka Pangestu in Jakarta. In addition to efforts to open new markets, commodity prices are expected to be stable in the year 2010 is also expected to push export revenues this year.

Indonesia's export growth has contracted to negative 15 percent. However, in line with world economic recovery, the Indonesian government dared to target export growth in 2010 at 5.1 percent level.

"The projection of economic growth and world trade in the positive range. So, we hope that Indonesia is also experienced," Mari Pangestu added.