Home breadcru News breadcru Trade breadcru  | China's fabric exports to Indonesia at $1.18 bn in Jan-May 2023

Prime Content | 
China's fabric exports to Indonesia at $1.18 bn in Jan-May 2023

03 Aug '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • China's fabric exports to Indonesia rose from $************ billion in 2019 to $************ billion in 2022. In 2023, they reached $************ billion in the first five months.
  • China's apparel exports to Indonesia reached $************ million in the first four months of 2023.
  • Meanwhile, China's imports of Indonesian apparel were worth $************ million during January-April 2023.

Both nations are currently making efforts to strengthen their relations in various domains. Last week, Indonesian President Joko Widodo met Chinese President Xi Jinping in Chengdu, capital city of southwest China’s Sichuan province.

While both countries are among the major apparel suppliers of the world, Indonesia’s garment industry is heavily dependent on China for fabric sourcing.

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!