Indonesia's knitwear exports drop 2.34% in Jan-March'14

The exports of knitted or crocheted apparel and clothing accessories (under HS code 61) from the Southeast Asian nation of Indonesia dropped marginally by 2.34 percent to US$ 844.7 million in the first three months of the current year, compared to exports of $864.9 million made during the corresponding period of last year, the data from Statistics Indonesia showed.

 

The exports of knitted or crocheted apparel and clothing accessories (under HS code 61) from the Southeast Asian nation of Indonesia dropped #

In March 2014, Indonesia’s knitwear exports stood at $269.3 million, showing a decline of 2.09 percent over exports valued at $275.1 million made in February 2014.

 

The exports of knitted or crocheted apparel and clothing accessories (under HS code 61) from the Southeast Asian nation of Indonesia dropped #

Knitted garments and apparel accessories exports accounted for 2.32 percent share in Indonesia’s non-oil and gas exports during January-March 2014, according to ‘The Overview of Indonesian Export and Imports’ released by Statistics Indonesia.

 

The exports of knitted or crocheted apparel and clothing accessories (under HS code 61) from the Southeast Asian nation of Indonesia dropped #

Meanwhile, Indonesian cotton imports increased by 2.65 percent year-on-year to $612.3 million in January-March 2014, compared to imports of $596.5 million made during the same period of last year.

 

The exports of knitted or crocheted apparel and clothing accessories (under HS code 61) from the Southeast Asian nation of Indonesia dropped #

In 2013, Indonesia’s textile and apparel exports increased by 1.76 percent year-on-year to $12.68 billion, with the US, Japan and Turkey being the main markets.

 

The exports of knitted or crocheted apparel and clothing accessories (under HS code 61) from the Southeast Asian nation of Indonesia dropped #

Indonesian Textile Association (API) expects the value of textile and apparel exports from Indonesia to increase by 5 percent year-on-year and touch $13.3 billion in 2014, mainly due to economic recovery in the US, the country’s biggest market. However, the recent increase in electricity tariff may act as a dampener, according to industry analysts.

 

The exports of knitted or crocheted apparel and clothing accessories (under HS code 61) from the Southeast Asian nation of Indonesia dropped #