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Home arrow Latest News arrow The Impact of the Textile Industry in the Indonesian Trade Balance


				
			
			
The Impact of the Textile Industry in the Indonesian Trade Balance PDF Print E-mail
Written by Maizer   
Thursday, 17 January 2019

Although Indonesia's trade balance recorded a deficit of US $ 8.57 billion throughout 2018, there are a number of sectors that are considered to have the potential to record future performance growth.

 

Automotive and Textile and Textile Products (TPT) became several sectors that showed an increase in exports last year. These two sectors together with the chemical, electronic and food and beverage industries (mamin) are designated as five of Indonesia's leading industries in the face of Industry 4.0.

 

However, three other industries have not been able to record exceptional export performance.

 

Data from the Central Statistics Agency (BPS) released on Tuesday (1/15/2019) said that vehicle exports and parts increased 10.47% year-on-year (yoy) to US $ 7.55 billion in 2018 from US $ 6 previously , 83 billion. In fact, its growth is one of the biggest in addition to mineral fuels and pulp.

 

Non-knitted apparel exports grew 8.48% to US $ 4.49 billion from US $ 4.14 billion in 2017.

 

Overall, automotive products are one of the four leading non-oil and gas export commodities in Indonesia. Other sectors are mineral fuels which are likely to come from mining products, animal / vegetable fats which are currently dominated by the presence of CPO, as well as machinery or electrical equipment.

 

The export realization of these four sectors contributed around 37.7% of Indonesia's total non-oil and gas exports, which reached US $ 162.66 billion. In total, non-oil and gas exports grew 6.25% on an annual basis from the previous US $ 153.09 billion.

 

Then, what is the potential of the automotive industry and TPT in the future?

 

Vehicle products and parts and TPT are in the government's attention. The Ministry of Industry (Ministry of Industry) is working on so that its growth opportunities can be boosted to hoist export products.

 

For textiles, the Minister of Industry (Minister of Industry) Airlangga Hartarto said the opportunity to increase the contribution of textile products was wide open.

 

"Many investors have made Indonesia as a textile investment land along with the existence of a trade war," he said recently.

 

Airlangga assessed the conditions of the trade war between China and the US could trigger the flow of investment into the country. Trade disputes are seen as making investors or buyers aim at countries like Indonesia, which get "relief" of import duties on the US market.

 

TPT Indonesia does get a facility to reduce import duties to the US in the framework of Generalized System of Preferences (GSP), a facility provided for developing countries.

 

 

Dampak Industri Tekstil dalam Neraca Dagang Indonesia

 

 

Meski neraca dagang Indonesia tercatat defisit US$8,57 miliar sepanjang 2018, ada sejumlah sektor yang dinilai berpotensi membukukan pertumbuhan kinerja ke depannya.

 

Otomotif serta Tekstil dan Produk Tekstil (TPT) menjadi beberapa sektor yang menunjukkan kenaikan ekspor pada tahun lalu. Dua sektor ini bersama industri kimia, elektronik, serta makanan dan minuman (mamin) ditetapkan sebagai lima industri unggulan Indonesia dalam menghadapi Industri 4.0.

 

Namun, tiga industri lainnya belum mampu membukukan kinerja ekspor yang luar biasa.

 

Data Badan Pusat Statistik (BPS) yang dirilis pada Selasa (15/1/2019), menyebutkan ekspor kendaraan dan bagiannya meningkat 10,47% secara year-on-year (yoy) menjadi US$7,55 miliar pada 2018 dari sebelumnya US$6,83 miliar. Bahkan, pertumbuhannya menjadi yang salah satu yang terbesar selain bahan bakar mineral dan bubur kayu (pulp).

 

Ekspor pakaian jadi bukan rajutan tumbuh 8,48% menjadi US$4,49 miliar dari US$4,14 miliar pada 2017.

 

Secara keseluruhan, produk otomotif menjadi salah satu dari empat komoditas unggulan ekspor non migas Indonesia. Sektor lainnya yakni bahan bakar mineral yang kemungkinan berasal dari hasil tambang, lemak hewan/nabati yang saat ini didominasi kehadiran CPO, serta mesin atau peralatan listrik.

 

Realisasi ekspor keempat sektor ini berkontribusi sekitar 37,7% dari total ekspor non migas Indonesia yang nilainya mencapai US$162,66 miliar. Secara total, ekspor non migas tumbuh 6,25% secara tahunan dari sebelumnya US$153,09 miliar.

 

Lalu, bagaimana potensi industri otomotif dan TPT ke depannya?

 

Produk kendaraan dan bagiannya serta TPT tengah menjadi perhatian pemerintah. Kementerian Perindustrian (Kemenperin) tengah mengupayakan agar peluang pertumbuhannya dapat digenjot guna mengerek hasil ekspor.

 

Untuk tekstil, Menteri Perindustrian (Menperin) Airlangga Hartarto menyatakan peluang memperbesar kontribusi produk tekstil terbuka lebar.

 

"Banyak investor yang menjadikan Indonesia sebagai lahan investasi tekstil seiring dengan adanya perang dagang," tuturnya, belum lama ini.

 

Airlangga menilai kondisi perang dagang antara China dan AS bisa memicu aliran investasi ke Tanah Air. Sengketa dagang dipandang dapat membuat investor ataupun buyer membidik negara seperti Indonesia, yang mendapatkan "keringanan" bea masuk ke pasar AS.

 

TPT Indonesia memang mendapatkan fasilitas penurunan bea masuk ke AS dalam kerangka Generalized System of Preferences (GSP), sebuah fasilitas yang diberikan bagi negara berkembang.

 

 
		
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