Jewelry Export Targeted Growth 25%
Gold Investing May 28th, 2010
JAKARTA – National Agency for Export Development (NAFED) targeting export growth of jewelry increased 25 percent in 2009.
“Jewelry we have a superior design compared to other countries so we are optimistic of 2009 exports will rise,” said Head of Market Development Center Region of the Americas and Europe NAFED Radu Malem Sembiring in Jakarta, Tuesday (22/7/2008).
In addition, Indonesia has a competitive product compared to the jewelry other Asian countries.
Radu said the jewelry export realization during the period January-February 2008 reached USD212, 7 million. Optmistis Government export target can be achieved until the end of 2008. “The market in the U.S. demanding product quality and high design for a group of consumers,” he said.
Just to note, in 2007 Indonesia was ranked 152 as an exporter of jewelry with a value of USD897, 5 million. The value of jewelry exports to the U.S. reached USD66, 18 million. “During the 2003-2007 period there was a tendency for an increase in jewelry exports of 27.7 percent,” said Radu.
Meanwhile, Chief NAFED Chairi Bachrul said Indonesia would follow the international jewelry exhibition in New York, USA 27-30 July. Bachrul said the exhibition is expected to be received national product consumers in the country. “The exhibition of jewelry that becomes a means for product development mengetahu because development is very dynamic,” he said.
