Indonesia'S Footwear Exports Began To Flourish In The First Half Of This Year

First half of this year

Indonesian trade ministry data show that from 1 to April this year, footwear exports surged 22% to 7 billion 300 thousand US dollars, up from 575 million US dollars in the same period last year, of which footwear orders to Indonesia increased, including Nike, Adidas, puma, MI Su and the new balance, amounting to 360 million US dollars.

Addie pointed out that the surge in exports has resulted in an increase in the number of employees in several shoe factories. From the original 2 class system to 3 shifts, the shoe industry increased from 70% to 80% last year in Indonesia.

There are 350 enterprises in the association.

He said that in addition to the increase in exports, manufacturers also increased the capacity of the factory for the coming new semester. Usually the sales volume of shoes will increase during the new semester. He is confident that the export trend will continue to the second half of the year. The association has set export targets exceeding 2 billion US dollars, up from 1 billion 800 million US dollars in the same period last year.

Earlier, trade minister Feng Huilan pointed out that the export of footwear has been recovered from the crisis, which can be seen in the implementation of exports by April.

Footwear exports increased by 27.48% in the first 4 months of this year, from 39 million 400 thousand to 50 million.

Footwear products were the most hit by last year's crisis, but exports improved from 1 to April this year.

As for July, the electricity price has increased by 10%. Addie said that this will cause psychological impact on manufacturers, especially for small industries, usually to meet the increase in electricity tariffs, they will cut production time.

However, he did not receive a formal report on the matter. According to the association, the increase in electricity tariffs will affect production costs by 1%.

Chairman of the East Java branch of the footwear industry association, Sultan R P. sire Garr pointed out that with the increase in electricity tariffs,