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Textile export affected by European crisis
BANDUNG: The volume of textile and textile products from West Java has dropped by 2
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ANDUNG: The volume of textile and textile products from West Java has dropped by 2.6 percent in the first quarter of the year, and is being blamed on the economic crisis in Europe.
West Java’s Trade and Industry Agency head, Ferry Sofwan Arief, said his office and the West Java chapter of the Indonesian Textile Association (API) had made efforts to boost markets in African, Middle Eastern and Latin American countries to offset the export decline so as to prevent a permanent negative impact on the textile industry in the province.
The office recorded an export volume of West Java textile and textile products of 263,332 tons from January to March this year, or a value of US$1,588,144, a drop compared to 264,040 tons, valued at $1,629,582, during the same period last year.
