Jakarta (ANTARA News) - The government has made an estimate that the country`s total exports in 2012 would increase between 18 percent and 20 percent, Trade Minister Mari Elka Pangestu said.

"We are optimistic that the target will be achieved regardless of the fact that economic development in the United States and Europe is slowing down," the minister said here on Thursday.

The minister`s optimism was based on the country`s export trend in the first semester of 2011, which based on the data at the Central Board of Statistics (BPS) stood at 98.6 billion US dollars, up 36 percent from the same period a year earlier.

"The annual pattern of export development in the country shows that the exports in the second semester were always higher than those in the first semester. So we predict this year the export values will reach 200 billion US dollars, or 25 percent," the minister said.

She said that if exports in 2011 rose by 25 percent, exports in 2012 would at least be maintained at the 18 percent to 20 percent level.

The exports would be supported by commodities, among others, coal, palm oil and its by-products, food goods and manufacturing products.
(Uu.A014/HAJM)

Editor: Ruslan Burhani
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