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Related Keywords: amid bleak global economic conditions, European Union and Japan fell, first half of this year, Indonesian Textile Association, Indonesian textile exports, key markets have declined, many countries reduced imports of textiles, shipments to the USA

Indonesian textile exports to key markets have declined as many countries have reduced imports of textiles in the first half of 2017 amid bleak global economic conditions. Shipments to the USA fell 3.6 percent (y/y), to the European Union by 4.0 percent (y/y), and to Japan by nearly 5 percent (y) in the January-June 2017 period.

Related Keywords: API, competition on the domestic market, continue to lose foothold, control seventy percent of domestic textile market, estimated to reach USD ten billion a year, finished wear, imported products, Indonesian domestic textile products, Indonesian Textile Association, leaving only thirty percent of the market for domestic products

Indonesian domestic textile products have continued to lose their foothold in competition on the domestic market over the past five years as imported products control 70 percent of the country’s domestic textile market, which is estimated to reach US$10 billion a year leaving only 30 percent of the market for domestic products, said the Indonesian Textile Association ( API) chairman Ade Sudrajat on Wednesday.

Related Keywords: API, better trade relations with Middle East countries, Central Java textile products, demand trend, enhance their export to the region, from the Middle East countries, Indonesian Textile Association, keen to expand export market, sees good demand for their textile products, Textile producers in Central Java, to the Middle East

Textile producers in Central Java sees good demand for their textile products from the Middle East countries and hence they are keen to expand their export market to the Middle East, stated the Indonesian Textile Association (API) in Central Java.

Chairman of API Central Java Agung Wahono said that they already have a good demand for their exports from the Middle East countries. However, so far, they have yet to become the main export market for the Central Java textile products.

Related Keywords: continues to be dominated, illegal imported textile product, import volume increasing, Indonesian domestic market, Indonesian Textile Association, over sales volume of domestic textile products, place a more specific rate, prevent imports, produced in-house, Synthetic Manufacturers Association of Indonesia, through the tariff changes

Indonesia’s domestic market continues to be dominated by illegal imported textile product. The origin of around 16.7 percent of all textile product consumption could not be traced. The textile and garment products that were illegally available throughout 2016 has reached 31,000 tons, said Secretary General of the Synthetic Manufacturers Association of Indonesia (Apsyfi), Redma Wirawasta.

Related Keywords: API, Directorate General of Customs and Excise, flood with cheap imported textile products, hitting market with losses, illegal smuggling of used clothes, Indonesia domestic market, Indonesian Textile Association, new policy to support industry, regulate imports

Indonesia domestic market continue to flood with cheap imported textile products hitting the market with losses. The Indonesian Textile Association (API) chairman Ade Sudrajat has urged the government to regulate imports to protect the domestic market from imported textile products and also the illegal smuggling of used clothes.

Related Keywords: API, exports to grow only one percent, Indonesian textile and textile products industry remains under pressure, Indonesian Textile Association, key industry within Southeast Asia, labor intensive, one of the oldest industries in Indonesia, ten largest textile producers, Textile Industry, trouble to compete with imports of cheap textile

The textile industry, one of the oldest industries in Indonesia, is a key industry within Southeast Asia's largest economy as it - being labor intensive - creates employment opportunities for millions of Indonesians. Although, by far, China is the world's top textile producer and exporter, Indonesia cannot be labelled a small player being ranked among the world's top ten largest textile producers.

Related Keywords: gas price reductions, improve competitiveness, income tax incentives, Indonesia-Japan economic partnership, Indonesian government, Indonesian Textile Association, industrial activities get electricity price cut, interpret stipulation differently, introduced third stimulus package, PLN, state electricity company, Textile Industry

The Indonesian government has introduced a third stimulus package stipulates that industrial activities get electricity price cuts from 11 p.m. to 8 a.m. However, the textile industry and the state electricity company PLN, which supplies the power, interpret the stipulation differently.

Based on PLN’s understanding, the price cut will only be given to companies consuming more than they usually do every day. The textile industry, meanwhile, says the price cut should be given to industrial activities during the specified timeframe regardless of the amount of their power consumption.

Related Keywords: Importing textile products from China, Indonesian Textile Association, Indonesian textile industry, more profitable, pressured in second half of the year, sales and exports remain sluggish, textile products

Indonesian textile industry would still be pressured in the second half of the year and predicted that sales and exports of textile products would remain sluggish, according to Ade Sudrajat, head of Indonesian Textile Association (API).

The domestic textile and related products market has been projected to generate Rp 60 trillion ($4.3 billion) in the second half of the year as local products hold only 20 percent of market share and the industry feels the effects of a dragging economy, an association chief said.

Related Keywords: decline in purchasing power, decline in TPT exports, export market weak, facing tough pressure, from inside and outside the country, Indonesian Textile Association, Indonesian textiles and textile products industry, lower demand, performance of TPT relatively poor, rupiah depreciation, slowing economic growth

Indonesian textiles and textile products (TPT) industry in Indonesia is presently facing tough pressure from both inside and outside the country. The performance of the TPT industry over the first quarter of 2015 was relatively poor, suffering a contraction with negative growth of 0.98 percent year-on-year, making it a worse performer than the manufacturing industry, which saw growth of 3.87 percent, and Indonesia’s Gross Domestic Product (GDP), which saw growth of 4.71 percent.

Related Keywords: API, close businesses, economic slowdown, facing rising production cost, forced to dismiss workers, help industry survive, Indonesian Textile Association, Indonesian textile producers, local textile industry, pressing purchasing power, raw material imported, weak sales

With an economic slowdown pressing people’s purchasing power, Indonesian textile producers are facing weak sales and rising production costs. They have urged the government to take swift action to help the industry survive as number of companies due to flat growth are already forced to dismiss workers and may be even forced to close their businesses.