Worsening debt crisis, INDONESIA's EXPORTS to Europe will stagnate

Ministry of Industry worrying the European Union financial problems will affect the Indonesia export to Europe. Because, Greece's debt problems spread to other countries in Europe which has the potential to expand the region's financial crisis.

"For me Europe is not too optimistic. Especially if you look at the debt structure of large countries," said Director General of International Cooperation Ministry of Industry Industry, Agus Tjahayana.

According to him, Greece's debt problems will be difficult to prolonged unresolved because the three countries, namely Germany, France, and Britain is expected to help bail out Greece's debt was in trouble. In fact, Germany was difficult to expand its export market as China slammed aggression. "The possibility of its condition deteriorated," he said.

In fact, Indonesia's exports to the EU during the period 2007-2010 recorded an average increase of 9%. That number exceeds the import of industrial products from Europe which reached 8%. In 2010 Indonesia's trade balance with the EU surplus of U.S. $ 4.5 billion.

The amount was donated processed coconut or palm oil with a market share of 20%, textiles and textile products 14.5%, electronics 10.5%, 10.5% of processed rubber, and footwear or shoes 8%.

In fact, certain products have increased sharply as exports of other chemical products rose 147%, 59.4% of other commodities, cigarettes rose by 28.7%, and sports equipment 26.5%.

Unfortunately, the market penetration of industrial products to the EU is still relatively low with an average of about 0.5%. It is actually according to Agus could be an opportunity to expand market share of Indonesian exports. However, the region's financial condition would likely delay the planned expansion of Indonesia's exports.

"It is possible that down then the condition will remain stagnant because Europe needs these commodities," he said.

As with the financial problems the United States. According to Agus, the condition of the country was not too worried because the position of United States economic growth which is growing despite the crisis.

Country's internal political problems that make the financial problems the United States as unresolved. However, he believes, the country will find the solution of the problem.

As a result, most likely the United States - Indonesia trade will be stagnant for some time. Even if rising then the condition is a result of the appreciation of the yuan currency, the rupiah (IDR), Singapore dollar, ringgit, baht and peso. "The effect would be all for all countries for the same commodity," he said.

Indonesia Trade Minister Marie Elka Pangestu also ever mentioned her concern at the condition of the European Union's financial problems. "Compared to the United States, we are more worried about conditions in Europe," she said.

To maintain the level of Indonesia exports due to the decline in market share in both areas, Marie expressed, should be done by enhancing competitiveness, increasing diversification of export markets, and minimize the high cost.

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Indonesia's export volume increased and the highest record

Indonesia's export performance in May 2011 has a new record in history. The realization of exports in May exceeded the previous history which occurred in April 2011.

Badan Pusat Statistik (BPS-Statistics Indonesia) recorded, the realization of Indonesia exports in May through U.S. $ 18.33 billion or exceed the performance in April 2011 which reached U.S. $ 16 billion. "Export is a supreme achievement, a new record because it can penetrate more than U.S. $ 16-17 billion, ie U.S. $ 18.33 billion, "BPS chief Rusman Heriawan said on Friday (1 / 7).

Export performance has increased by 45.29% compared to same period previous year. When compared to April 2011, exports increased 10.76%. Indonesia's total exports for the calendar year 2011 or January-May 2011 reached U.S. $ 80.28 billion, growing 33.37% over the same period the previous year.

In terms of commodities, the largest portion is still held by mineral fuels with a value of U.S. $ 9.75 billion, followed by fats and oils of animal / vegetable which reached U.S. $ 8.09 billion. Rusman admitted, an increase in export performance is inseparable from the rise in world commodity prices, particularly the surge in oil prices or crude palm oil (CPO).

In terms of export destination countries, Japan is still the largest with a value of U.S. $ 7.35 billion. The second xxport destination is occupied by China amounted to U.S. $ 7.01 billion, followed by the United States U.S. $ 6.56 billion, the ASEAN countries amounted to U.S. $ 13.77 billion and the EU amounted to U.S. $ 8.68 billion. "Despite the tsunami, Japan is still the largest market share," he said.

Based on the sector, exports for January-May 2011 dominated the industrial sector 61.74%, up from earlier that only 60.43% in the previous month. Improved export performance is also coupled with heightened realization of import in May 2011. The value of Indonesian imports for May 2011 reached U.S. $ 14.83 billion, an increase of 48.54% over the same period the previous year. "The month on month (mom) in total imports fell 0.42%. But for non-oil rose 0.24%. That oil imports are down, "he explained.

If refer to the calendar year, total imports from January to May 2011 reached U.S. $ 68.51 billion, an increase of 33.86%. Non-oil imports reached U.S. $ 52.53 billion, and the largest portion of the mechanical engine of U.S. $ 9.1 billion. Imports from China amounted to U.S. $ 9.74 billion, while Japan is only U.S. $ 7.08 billion and Thailand at U.S. $ 4.28 billion. Imports from China are the largest imports.

Rusman added that overall, the trade balance in May 2011 still recorded a surplus of U.S. $ 3.51 billion and for the period January-May 2011 amounted to U.S. $ 11.77 billion.

Director of Distribution Statistics BPS, Satwiko Darmesto add as much as 61% increase in exports boosted non-oil industries. "Commodities are mineral fuels, vegetable oils, rubber, rubber goods, machinery and electrical equipment, seed crust and metallic ash," he explained.

Meanwhile, foreign trade balance for the month of May amounted to U.S. $ 3.059 billion. "As for the difference in the trade balance from the beginning of the year to May amounted to U.S. $ 11 billion," he said.

Satwiko claimed Indonesia export performance in May is the greatest achievement in history. "The record is not only alone but the total exports of the sector also increased as oil and gas exports of U.S. $ 4.1011,9 billion, and especially non-oil hit a record U.S. $ 14, so that 222.2 and a total of U.S. $ 18, 334.1,"lid.

2011, targeted Coffee Exports Increase 5%

Ministry of Trade, Republic of Indonesia is targeting for increasing the coffee export by five percent this year. International prices predicted relatively well this year.

Coffee production for this year is estimated to increase to 570 thousand tons from 540 thousand tons in 2010. "In addition, market penetration into China as well as new markets improved," said Trade Minister Mari Elka Pangestu, the Ministry of Trade, Jakarta, Wednesday (05/01/2011).

Furthermore, Mari said, it also targets exports of footwear increased by 20 percent next year. Because the development of non-traditional markets, especially in Central Asia and Eastern Europe namely Russia, Ukraine, and Kazakhstan has begun to recover. In addition, the increase in exports was also motivated by the commencement of production by some manufacturers who do relocate to Indonesia and also lower costs for state employees compared to competitors.

Mari explain, automobile exports is also targeted to increase 10 percent this year. It would improve the promotion and expansion of automotive export markets to the FTA partner countries and other countries. "Meanwhile, increased investment in this sector is also increasingly driven," says Mari.

As for the export of crude palm oil sector, said Mari, also targeted to increase by 16 percent this year. The reason, she said, in addition to the primary purpose of export markets namely China, European Union, and India, several other markets in the Middle East and Eastern Europe are also considered to potentially large.

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As of September, Indonesia's export value rose 38.3%

Indonesia's export performance during the first nine months this year rose 38.3% to USD 110.8 billion over the same period last year. In fact, as of September performance was also better before the global crisis sweeping the world in 2008 ago, which just posted an increase of 12.3%. This achievement was launched by the Board of Research and Development, Ministry of Trade (Kemdag) which released today, Thursday (25/11).

The Research and Development of Ministry of Trade also quoted Trade Watch from the World Bank that assesses Indonesia's exports in the second quarter, including three best of the 60 countries. This report shows, in the second quarter of this year, only three countries that can improve the performance of exports exceeded the export performance before the global crisis; namely China, Hong Kong and Indonesia.

China recorded can increase its export value up 14.7% while Indonesia was 4.9% compared to the value of exports during the same period in 2008. Meanwhile, Hong Kong recorded the highest increase in export value far beyond China and Indonesia, which amounted to 20.8%.

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Indonesia’s Exports (Jan-Sep 2010) Up 38 Percent

Indonesia Central Statistic Agency (BPS) expressed, total value of Indonesia's exports from January to September reached USD 110.81 billion. This amount increased by 38.27 percent over the same period last year.

"Hopefully we will record a new performance for annual export, at least approach USD 150 billion. If our export per month around USD 12 billion, it could approach even be higher," said Head of the BPS, Rusman Heriawan in a press conference held at the office BPS, Jakarta, Monday (01/11/2010).

Although the export value from January to September 2010 increased compared to last year period, exports value in September 2010 dropped compared with August 2010. According to Rusman, exports of September reached USD 12.08 billion, down 12.02 percent compared to August. "The decline in non-oil -13.66 percent. Exports of non oil reached USD 10.13 billion, and USD 1.95 billion for oil and gas," he said.

The reduced value of exports in September, according to Rusman due to Eid al-Fitr which falls in September. Import-export activity before and after Lebaran is totally decreasing. "Labor-workers who went home a lot so many activities that are pending. Hopefully October there was an increase export and import of missed work," he said.

Besides the Indonesia’s export up 38 per cent, the import value also increase by 11.92 percent in September compared to last year. Imports of September reached USD 9.53 billion.

Indonesian Exports increase 9.76 per cent

The Indonesian exports increase 9.76 per cent in August 2010 with value reached US$ 13.71 billion, compare to the exports in July 2010. If compared to exports on August 2009 is increasing of 29.99 percent.

Non-oil/non-gas exports on August 2010 has reached US$ 11.77 billion, rose 10.94 percent compared to July 2010, whereas compared to August 2009 exports increased by 32.35 percent.

The cumulative value of Indonesian exports from January to August 2010 reached US$ 98.71 billion, an increase 40.42 percent over the same period in 2009, while non-oil exports reach US$ 81.73 billion, an increase of 36.25 percent.
The largest increasing of non-oil exports in August 2010 is coming from animal fats & oils / vegetable at US$ 1.1 billion, while the largest decline occurred in the ore, scale, and ash for metals at US$ 80.0 million.

Non-oil exports to Japan in August 2010 is the largest number of US$ 1.40 billion, followed by China US$ 1.24 billion and the United States US$ 1.14 billion, with the contribution of all three reached 32.17 percent. While exports to the European Union (27 countries) around US$ 1.62 billion.

By sector, industrial product exports from January-August 2010 rose by 34.66 percent compared to same period of 2009, as well as exports of agricultural products rose 15.84 percent and exports other mining products rose 47.35 percent.

Source: Indonesia Central Statistics Agency (BPS) / picture:google.com