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Indonesia's Footwear Exports To Latin American Countries, China's Main Competitors

2012/6/29 10:06:00 10

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   Indonesian trade department Gus Marr Di, Gusmardi Bustami, said that Latin American countries are becoming long-term Indonesia. export market


He told reporters in Jakarta: "Latin American countries are not the reserve market for China's exports, because their economic strength should be taken into consideration. Their gross domestic product (PDB) reaches 5 trillion dollars, and its significance is quite significant."


But he admits that just watching the Indonesian entrepreneurs in the US, Europe or Asian markets, the Latin American market is still very small.


"The market expansion in Latin America is not only because of the decline of European economy, but it has become a long-term plan for the government, for example, we hold exhibitions in Argentina, Brazil and Peru," he said.


He continued that the exhibition we held was rated highly efficient and welcomed by the market.


"China's products that have entered the Latin American market include textiles, shoes Only now our country must compete fiercely with China, "he added.


Gus Marr Di claimed that one of the steps we can take to increase trade volume and trade volume is to develop direct cargo routes to Latin America.


"Eagle Airlines can open direct flights to Chile, because the country has become a gateway to Latin American countries, but it depends on the volume of trade between the two countries," he said.


At the same time, in order to develop trade and investment cooperation with Latin America, the Caribbean and ASEAN countries, Jakarta will host the ASEAN Latin American Business Forum in from July 9th to 10th this year.


According to the Ministry of trade, the total number of products exported to ASEAN and Latin America and the Caribbean in 2010 reached US $27 billion 500 million, while the total imports from Latin America and the Caribbean amounted to US $21 billion 40 million.


In addition, in 2011, the total number of products exported to Latin America and the Caribbean reached US $3 billion 920 million, while the total number of products imported from these countries amounted to US $4 billion 630 million. Most of the products imported from that country are feed products, surplus products in the food industry, sugar and products made from sugar, Cereals, and iron and steel.

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