Due to the COVID-19 epidemic and Turkey’s implementation of additional tariffs, Indonesia’s textile exports to Turkey have declined sharply. According to data from the Indonesian Ministry of Trade citing data from the Indonesian Central Bureau of Statistics (BPS), in January 2020 -In August, Indonesia’s textile exports to Turkey fell by nearly 50% year-on-year. Indonesia’s global textile exports were US$7 billion, a year-on-year decrease of 19%. Turkey is the sixth largest export destination of Indonesian textiles after the United States, Japan, China, South Korea, and Germany. land.
The Indonesian Ministry of Trade stated that Turkey is one of the main export markets for Indonesian textiles. In April this year, Turkey imposed a surcharge on textiles imported from countries with which it has no trade agreement. Tariffs. Since there is no free trade agreement between Indonesia and Turkey, additional tariffs are imposed on Indonesian textile exports to Turkey, which is one of the reasons for the decline in exports.
AbhasdfssdfsyAgasdfssdfsrwasdfssdfsn director of Indonesian textile manufacturer PT.SriRejekiIsmasdfssdfsn said that Turkey is a hub connecting markets in the Middle East, Europe and North Africa, so it can provide a broad market for Indonesia. development potential. </p
