Headlines

Indonesia rises to 27th
biggest exporter in the
world in 2010

Indonesia was the 27th biggest exporting country in the world in 2010, moving up three places from a year before and supplanting Norway, Sweden and Poland, according to data released by the World Trade Organization (WTO).

“Indonesia obtained the achievement because we maintained the market position in China, Japan and Malaysia,” Trade Minister Mari Elka Pangestu said Monday.

Mari said Indonesia also increased its market position in Brazil, Russia, Turkey and the United States.

Indonesian exports to Russia enjoyed the largest increase, of 63 percent from US$640.70 million to $1.04 billion, according to ministry data.

The export of palm oil and electrical machinery increased rapidly in the Russian market to $367.63 million in 2010 from $171.65 million in 2009, and to $162.32 million from $77.2 million, respectively, Mari said.

Exports to Brazil recorded the second largest increase of 54 percent followed by Turkey at 45 percent and the US at 27 percent.

But, exports to the US were the largest among the four markets with a total of $17.3 billion in 2010 from $13.6 billion the year before.

Exports of woven products to the US contributed the largest share at $2.62 billion from $2.2 billion in 2009, followed by rubber products, which increased more than 100 percent to $2.3 billion in 2010 from $1.1 billion in 2009.

Exports to Brazil amounted to $1.51 billion from $987 million in 2009. Rubber products contributed the most with $355 million in 2010 from $103 million the year before, followed by fat and oil of $222 million in 2010 from $142 million.

Turkey imported $1.4 billion worth of goods from Indonesia in 2010 from $1.01 billion in 2009.

Meanwhile, ministry data showed that Indonesia’s total non-oil and gas exports reached $50.3 billion in the January to April period this year, an increase of 29 percent compared to the same period last year.

China and Japan remained the main destinations for Indonesia’s non-oil and gas exports.

Exports to China reached $1.57 billion for a total of $4.01 billion in the first four months of this year, while exports to Japan were $1.46 billion in April for a total of $4.93 billion in the period.

The minister said the industrial sector made the biggest contribution to national exports with a 35 percent increase to $38.7 billion from $28.7 billion, followed by the mining and agricultural sectors, which were valued at $9.7 billion and $1.7 billion.

“The industrial sector dominated the country’s non-oil and gas exports. It indicates that the country’s industry has recovered along with the increase in the downstream industry,” the minister said.

She said that in the first quarter the export of nine main products — rubber, textiles, palm oil, electronics, forestry products, footwear, automotive, coffee and shrimp — had increased due to price and demand increases.

Another major export commodity, cacao, suffered from lower exports. (drs)

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