South Kalimantan saw an increase in export value, especially its coal and oil palm products, throughout 2018.
Head of Foreign Trade of the South Kalimantan Trade Agency Riaharti Zulfahani said the increase in the value and volume of exports is still driven by coal demand from various importing countries.
Based on data, exports of South Kalimantan coal in 2017 amounted to 130 million tons and in 2018 it increased to 139 million tons, up around 7.13 percent.
While the export value of the mine in 2017 amounted to 6.4 billion US dollars to 7.483 billion US dollars, up to 16.22 percent, in 2018.
In overall, he said, the total value of exports of South Kalimantan, from CPO, rubber, mining, fisheries and others in 2017 amounted to 8 billion US dollar and increased in 2018 to 9 billion US dollars or up to 12.30 percent.
While the export volume rose from over 134.578 million tons to over 142.7 million tons.
Despite the increase, added Riaharta, South Kalimantan's exports experienced a general slowdown due to the number of major destination countries, which reduced coal demand.
To anticipate this, he added, the central government encouraged the provincial and regional governments to open up new markets, in addition to various destination countries which had been cooperating so far, such as Japan and China.
"We are continually encouraged to open new export destinations to various countries, according to the potential needed by each," he said.
At present, he said, 80 percent of South Kalimantan's exports are still dominated by the mining sector, especially coal, after mining, then CPO.
COPYRIGHT © ANTARA News Kalimantan Selatan 2019
Head of Foreign Trade of the South Kalimantan Trade Agency Riaharti Zulfahani said the increase in the value and volume of exports is still driven by coal demand from various importing countries.
Based on data, exports of South Kalimantan coal in 2017 amounted to 130 million tons and in 2018 it increased to 139 million tons, up around 7.13 percent.
While the export value of the mine in 2017 amounted to 6.4 billion US dollars to 7.483 billion US dollars, up to 16.22 percent, in 2018.
In overall, he said, the total value of exports of South Kalimantan, from CPO, rubber, mining, fisheries and others in 2017 amounted to 8 billion US dollar and increased in 2018 to 9 billion US dollars or up to 12.30 percent.
While the export volume rose from over 134.578 million tons to over 142.7 million tons.
Despite the increase, added Riaharta, South Kalimantan's exports experienced a general slowdown due to the number of major destination countries, which reduced coal demand.
To anticipate this, he added, the central government encouraged the provincial and regional governments to open up new markets, in addition to various destination countries which had been cooperating so far, such as Japan and China.
"We are continually encouraged to open new export destinations to various countries, according to the potential needed by each," he said.
At present, he said, 80 percent of South Kalimantan's exports are still dominated by the mining sector, especially coal, after mining, then CPO.
Editor : Mahdani
COPYRIGHT © ANTARA News Kalimantan Selatan 2019