Electronics exports jump 81% this year<\/p>\n
JAKARTA (JP): Director general of metal, machinery,
\nelectronics, and various other industries Agus Tjahajana said
\nthat the country's electronics exports rose 81 percent this year
\nand was set to exceed textile in contributing to the country's
\nexport earnings.<\/p>\n
Agus said the export of textile products reached US$7.5
\nbillion in value, an increase of 8.9 percent from 1999.<\/p>\n
It was followed by electronics, which recorded a significant
\nrise to $7 billion in export value this year, an increase of 81
\npercent from the previous year, he said.<\/p>\n
\"Exports of electronics may exceed that of textiles in several
\nyears time,\" Agus said.<\/p>\n
Metal exports rose 19.7 percent to $2 billion this year and is
\nprojected to increase 6 percent to $2.1 billion next year.<\/p>\n
Machinery product exports increased 34.4 percent to $1.1
\nbillion this year and is projected to increase 17.8 percent to
\n$1.3 billion next year.<\/p>\n
Transportation mean exports rose 7.6 percent to $899 million
\nthis year and is expected to increase 3 percent to $926 million
\nnext year.<\/p>\n
Agus said the government expects electronics exports to
\nincrease 15 percent to $8.1 billion next year, while production
\nto increase by 17.2 percent to Rp 91.1 trillion from Rp 79
\ntrillion this year, Agus said.<\/p>\n
Chairman of the Indonesian electronic producers Rachmat Gobel
\nsaid separately that the government's target for next year was
\nquite reasonable as most companies had already intended to step
\nup exports in the new year.<\/p>\n
\"At least $4.7 billion could be expected from eight
\nelectronics producers from Japan and South Korea,\" he was quoted
\nby Bisnis Indonesia as saying.<\/p>\n
Rachmat said that the Matsushita Group had targeted a 24
\npercent increase of its exports in 2001 to $1.2 billion, and PT
\nEpson Industri Indonesia to $1 billion from $650 million this
\nyear.<\/p>\n
Samsung Electronics Indonesia expects to increase exports to
\n$800 million next year up from $600 million this year, while LG
\nGroup has targeted to increase its exports to $600 million, he
\nsaid.<\/p>\n
Toshiba Group, Sanyo Group, and Sony Electronics Indonesia all
\nexpect to increase exports to $300 million, while Aiwa
\nanticipates $200 million worth of exports next year, Rachmat
\nsaid.<\/p>\n
ASEAN (Association of the Southeast Asian Nations) countries
\nabsorb 23.8 percent of Indonesian textile, electronic, metal, and
\nmachinery products, Agus said, but he did not reveal where the
\nrest were exported.<\/p>\n
\"Except for automobile products, Indonesian products have a
\nstrong competitive edge in ASEAN markets,\" Agus said.<\/p>\n
Exports of textile, electronic, metal and machinery products
\nto ASEAN countries reached a peak of $4.5 billion in 1998 from
\n$3.7 billion the previous year. It slid back down to $3.6 billion
\nin 1999. (tnt)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/electronics-exports-jump-81-this-year-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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