Indonesia's non-oil-and-gas exports to China surges

20:02, June 04, 2010      

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Indonesia's exports of non-oil-and- gas products to China in the first four months of 2010 have increased significantly by 76.7 percent to 4.0 billion U.S. dollars from that of at the same period in 2009, amid the implementation of ASEAN-China Free Trade, Deputy of Trade Minister Mahendra Siregar said here on Friday.

Siregar told a press conference that the implementation of the free trade starting from January first has shown its positive affect on the Indonesia's trade.

The roles of emerging economies, such as China, India and South Korea, as the destination of Indonesia's export products have increased recently, replacing the traditional markets such as the United States, Europe and Japan, said Siregar.

The total market shares of the traditional markets decreased to 48 percent this year from that of 53 percent last year, he said.

Indonesia expects the market shares at out of the traditional markets would rise to 53-57 percents by up to 2014, Siregar said.

Source: Xinhua


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