U.S. greatest buyer of Bali commodities
U.S. greatest buyer of Bali commodities
The Jakarta Post, Denpasar
The United States was recorded as the largest buyer of Bali's
non-oil and gas products during the first 11 months (January to
November) of 2002, amounting to US$87.5 million, according to
data published on Friday.
The local branch of Bank Indonesia (BI) told Antara here that
Bali exported non-oil and gas commodities, such as handicrafts,
fishery products and garments to the U.S. and other countries.
"Japan was the second-largest taker of Indonesian goods," it
said.
Balinese businesses are, to date, still heavily dependent on
the U.S. market but have begun to market their products to
European markets. "Some European countries, such as Italy, France
and Germany were listed as the largest buyers in the region," it
said.
Bali's exports to the region reached $102.5 million. Exports
to France totaled $20 million, Italy $18.6 million and Germany
$12 million.
It was predicted that Bali's exports to those countries would
rise due to an improvement in economic conditions in the European
economy.
Antara said BI had collected export data from all regions
across the country and processed it at BI headquarters in
Jakarta. Since 1999, export products have been recorded by
province of origin.