The development of the national toy industry is also showing an upward trend, where the export value in the period of January to September 2022 reached US$383 million, an increase of 29.83 percent from the same period in the previous year, which reacJakarta (ANTARA) - Indonesia’s toy industry exports rose by 29.83 percent to US$383 million in the January–September 2022 period from US$295 million in the corresponding period of the previous year, according to the Industry Ministry.
The export achievement made the toy industry one of the supporters of the manufacturing sector, director general of small and medium industries and various industries, Reni Yanita, said at the inauguration ceremony of PT Mattel Indonesia's factory expansion in Cikarang, West Java, on Thursday.
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"The development of the national toy industry is also showing an upward trend, where the export value in the period of January to September 2022 reached US$383 million, an increase of 29.83 percent from the same period in the previous year, which reached US$295 million," she noted.
According to Yanita, there are 131 large and medium-scale toy companies in Indonesia, with the total number of workers in their employ reaching around 36 thousand.
Their main export destinations are the United States, Singapore, the United Kingdom, China, and Germany. Meanwhile, the types of toys that are most exported are dolls, stuffed toys, and miniatures.
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At the ceremony on Thursday, Yanita welcomed the expansion of PT Mattel Indonesia's production capacity, which has the potential to create around 2,500 new jobs in Indonesia during the peak production season.
She conveyed the Industry Ministry's appreciation to PT Mattel Indonesia, which has absorbed up to 8 thousand workers and accounted for more than 35 percent of the total export value of toys from Indonesia to various countries.
"This is in line with the strategic step of the Ministry of Industry, which is currently boosting the development of labor-intensive and export-oriented domestic industries," he added.
The increase in investment of PT Mattel Indonesia is projected to boost the production capacity to up to 30 percent and absorb more than a thousand additional workers.
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Translator: Ade Irma, Raka Adji
Editor: Fardah Assegaf
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