Boosting the Export of Manufactured Products
Exports and tourism are the government’s mainstays as the current account shows signs of structural deficit. Some observers have said that our exports are mostly commodities, especially crude oil and gas, palm oil, coal, minerals, and other agricultural products.
A container ship is anchored in the Madura Strait off Surabaya, East Java, on Saturday (30/6/2018) as a local boat passes nearby. According to the Central Statistics Agency (BPS), Indonesia\'s May exports reached US$16.12 billion, an increase of 10.9 percent from the previous month.
Exports and tourism are the government’s mainstays as the current account shows signs of structural deficit.
Some observers have said that our exports are mostly commodities, especially crude oil and gas, palm oil, coal, minerals, and other agricultural products, including spices. Therefore, many are skeptical about the prospects of exports because ultimately, our export value is greatly influenced by fluctuations in commodity prices.