Exports Up To 5.62 Percent, Bali Knitted Products Sell Well In The World Market

By : Hariyanto And Aldi Firhand. A | Monday, December 25 2017 - 20:45 IWST

Illustration of knitted products (ist)
Illustration of knitted products (ist)

INDUSTRY.co.id - Denpasar - Throughout October 2017, foreign exchange from Bali provincial knit goods exports reached US $ 1.34 million. Up 5.62% compared to September 2017 worth US $ 1.27 million.

"However, compared to the same month in the previous year, foreign exchange earnings increased by 188,660 US dollars or 16.35 percent, because October 2016 the delivery of knit goods only produced 1.15 million US dollars," said Head of Distribution Statistics of Central Bureau of Statistics (BPS) ) Bali Province, I Gede Nyoman Subadri in Denpasar, Monday (25/12/2017).

He said the knitted handicrafts from Balinese handicraftsmen who handled the household scale business contributed 2.82 percent of Bali's total export value of US $ 47.69 million during October 2017, adding US $ 2.72 million , or equivalent to 6.05% from the previous month which recorded US $ 44.69 million.

But compared to the same month the previous year slumped to US $ 6.08 million or 11.31%, as October 2017 shipment of knit goods that generate foreign exchange US $ 53.77 million.

Subadri explained that the Singapore market absorbed the most of the knit goods from Bali which reached 26.10%, following the United States 18.65%, Hong Kong 16.08%, Australia 8.76%, Thailand 6.38% and China 1.02%.

It also penetrated the Japanese market 1.80%, Germany 0.68%, Netherlands 0.09%, and 20.43%, the rest penetrate various other countries in the world.

Subadri added that in October 2017, the Bali Provincial Government shipped non-knitted garments worth US $ 6.19 million, an increase of US $ 720,268, or 12.99% over the same month of the previous year worth US $ 5.47 million.

However, compared to the previous month (September 2017), there was a decrease of US $ 244,624, or 3.80%. Because shipping various types of clothing in September 2017 generate foreign exchange of US $ 6.44 million.

News Comment

Today's Industry

World Bank Group (Images by ITU)

Kamis, 05 Maret 2020 - 07:23 WIB

World Bank Group Announces Up to $12 Billion Immediate Support for Covid-19 Country Response

As Covid-19 reaches more than 60 countries, the World Bank Group is making available an initial package of up to $12 billion in immediate support to assist countries coping with the health and…

Synopsys, Inc. (Images by PR Newswire)

Rabu, 04 Maret 2020 - 16:57 WIB

Better IoT Security Depends on Changes in Culture, habits

Ironically enough, the good news about the atrocious security of Internet of Things (IoT) devices might be that the bad news is getting a higher profile.Stories about security cameras getting…

Line Security Bug Bounty Program (Images by LINE Corporation)

Rabu, 04 Maret 2020 - 16:47 WIB

LINE Security Bug Bounty Program Report 2019

In late 2018 through early 2019, we began investigating the potential benefits of moving our program to HackerOne. After careful consideration, we concluded that we could likely improve the…

Check Point Software Technologies (Images by Acclaim)

Rabu, 04 Maret 2020 - 16:34 WIB

Check Point’s Hits Major Milestone as 100th Academic Institution Joins the Global Education

Check Point Software Technologies Ltd. NASDAQ: CHKP, a leading provider of cyber security solutions globally, has today announced that its Check Point SecureAcademy education initiative reached…

CloudGuard SaaS (Images by Check Point Software)

Kamis, 27 Februari 2020 - 14:08 WIB

Why are we still talking about email security?

with the rapid adoption of the internet and then the mobile internet, the email security market matured as enterprises understood that accessing proprietary information via the network exposed…