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APSyFI: The national textile industry is headed for a trade deficit, 2018 exports grow 1% and imports grow 14% (yoy).--IKATSI: The growth of the national textile industry is still hampered by floods of imports, Indonesia needs a clothing security law.


	
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Textile Industry Hopes Domestic-Oriented Products Become Attention PDF Print E-mail
Written by Maizer   
Monday, 15 June 2020

The textile industry and textile products (TPT) noted a decline in exports or imports of important goods. The Indonesian Textile Association (API) assesses that the domestic market remains the key for the national textile industry.

 

"If all [TPT manufacturers] focus on exports, who is the domestic market that is filled in? Local market cannot be forced to export either, and vice versa," said API Secretary General Rizal Rakhman.

 

The Central Statistics Agency (BPS) noted the value exports of knitted clothing and accessories fell 23.74 percent in January-May 2020 to US $ 1.23 billion from the same period last year reaching US $ 1.61 billion.

 

Meanwhile, the value of imports dropped 10.17 percent to US $ 159.8 million. Rizal appreciated the government must renew the stimulus provided to manufacturers in bonded zones as well as owners of facilities for importing destination facilities (KITE) to domestic-oriented manufacturers.

 

According to him, this is important because it is related to the domestic-oriented national textile industry.

 

Meanwhile, the stimulus intended by Rizal is to allow a bonded zone company (KB) to sell its products domestically without reducing the specified quota and allow companies with KITE facilities to sell their production goods domestically.

 

Meanwhile, API recorded around 70 percent of the total industry protected by domestic market oriented TPT. In other words, this customs stimulus can only be enjoyed around 30 percent of the total national textile industry.

 

Until now, Rizal could not predict the state of manufacturer in a new normal state. The reason is that economic activity has only begun today and is still limited to administrative processes.

 

"Not all [manufacturers] are running production because they are still waiting for orders and looking for orders," he said.

 

Therefore, Rizal asked the government to return a stimulus that could ease the burden of cash flow while searching for the order.

 

Related to, the demand for stimulus needed is minimum expenditure, bank relief, and payment relief for BPJS Employment costs.

 

"Actually, that's the most important thing, which we submitted the earliest because it would be the most helpful for cash flow," he said.

 
		
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