Indonesia Sets Target To Expand Non-Oil, Gas Exports

Indonesia Sets Target To Expand Non-Oil, Gas Exports

JAKARTA, Jan 5 (NNN-ANTARA) – Indonesia has set a non-oil and gas export growth target of 2.5 percent to 4.5 percent in 2024, supported by main products such as coal, crude palm oil and downstream nickel, said Trade Minister, Zulkifli Hasan, yesterday.

“We will develop new non-traditional markets with our main products, as well as, manufactured products and forest products,” Hasan told reporters at the 2024 Trade Outlook press conference.

These new non-traditional markets are mainly in India, Pakistan, South Africa, Nigeria and Mexico, along with the large market in Southeast Asia.

Didi Sumedi, director general of National Export Development of the Ministry of Trade, added that, the authority continues to expand trade missions, actively participates in international exhibitions and opens agreements with various countries.

Indonesia’s export value was 236.41 billion U.S. dollars during the Jan-Nov, 2023, period. Meanwhile, economic growth is targeted at around 5.2 percent in 2024, with inflation to be controlled in the range of 1.5 percent to 3.5 percent.– NNN-ANTARA

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