Indonesia’s Export Performance May Grow 9.22% in 2013

Senin, 28 Januari 2013 | 09:11

Indonesia\'s export performance is expected to improve this year with a projected growth rate around 9.22%.Latif Adam, an economist at Indonesian Institute of Sciences (LIPI), said the improved export performance will mostly influenced by the recovery in the world economy in 2013.


The world economic recovery, he said, led to an increase in the world trade volume as well as the commodity export. "The recovery will not only increase the trade volume, but also create significant demand for commodity export from Indonesia and other countries," he said, Sunday (1/27).


In addition, Latif also predicted an improvement in export commodity prices during the quarter II/2013. However, for the domestic context to note is the performance of the regional economy Indonesian traditional export destinations such as China and India.


"The most important factor to the global economic growth is the economic growth in China and India since it may increase our trade, even China will be the number one export destination for Indonesia," he said.


A report, Global Economic Prospects, released by the World Bank estimates in the world trade volume in 2013 will increase by 6% compared with 2012. The report also predicted world economic growth improved in 2013 compared with last year, amounting to 2.4% (2013) increased from 2.3% (2012).


Meanwhile, China's economic growth is predicted to grow by 8.4% in 2013, or up from 7.9% in the previous year. India's economic growth is predicted at 6.1% in 2013, up from 5.1% in 2012. (aph)

by Hadijah Alaydrus, Hedwi Prihatmoko