Indonesia seeks to increase manufacturing export share to 30 percent
Jakarta, June 9 -- The Indonesian Ministry of Industry is seeking to increase the manufacturing sector's export share from 20 percent to 30 percent while maintaining its ability to meet domestic demand.
In a statement released on Tuesday, Industry Minister Agus Gumiwang Kartasasmita said the current sales composition of Indonesia's manufacturing products is heavily dominated by the domestic market, with approximately 80 percent serving local demand and 20 percent destined for exports.
Going forward, the ministry aims to adjust this composition to 70 percent for the domestic market and 30 percent for exports.
"The domestic market remains the primary strength of the national industry. However, moving forward, we need to strengthen export...
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