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Jakarta Post

Companies asked to export consumer goods to China

  • Rachmadea Aisyah

    The Jakarta Post

Jakarta   /   Tue, July 16 2019   /  02:50 am

The government is encouraging local businesses to explore export opportunities with the country’s largest export destination, China, in order to promote more value-added goods rather than raw materials.As the world’s largest manufacturing country, China absorbs a wide range of raw commodities from Indonesia, with coal topping the list.According to the Trade Ministry, Indonesia exported 80.7 million tons of coal to China in 2018 at a value of US$3.1 billion, which accounted for 13 percent of all Indonesian exports to the country that year. Trade Ministry export cooperation development director Marolop Nainggolan said that aside from coal, palm oil, rubber and wood were among Indonesia’s top 10 export commodities to China and made up more than 60 percent of all exports. “China, with its population of about 1.4 billion, needs a lot of consumer goods and they cannot manufacture it al...