Indonesia has potential to raise exports to US$100 billion

Jakarta (Antara News) - The Central Board of Statistics (BPS) believes that Indonesia has the potential to increase its exports to US$100 billion up to the end of 2006.

The exports in 2006 up to September, or three fourths of the year, reached US$73.467 billion, and if in the next three years the exports can reach US$8 billion/month, the exports may reach US$100 billion up to the end of 2006, BPS head Rusman Heriawan said here Wednesday.

According to BPS data, Indonesia`s exports in September 2006 stood at US$8.78 billion and imports reached US$5.66 billion. The exports in the first nine months of 2006 increased by 17.17 percent compared to the US$62.699 billion in the corresponding period of 2005.

The imports in the first nine months of 2006 reached US$45.630 billion, which is a 4.04 percent increase compared to the US$43,857 billion in last year`s corresponding period.

The main support to meet the projected exports worth US$100 billion up to the end of 2006 is expected to come from resource-based sectors.(*)
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