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Saturday, February 24, 2024

Indonesia initiates investigation into immense rise in textile imports

In a bid to safeguard the domestic industry, Indonesia has started a probe in to surging imports of various textiles. The textile products which will be under investigation are cotton yarn, cotton sewing threads, cotton woven fabric, manmade fibre woven fabrics and manmade fibre filament yarn. “Imports of these textile products rose to 29,908 tons in 2023 compared from just 14,843 tons in 2019,”
the Ministry of Trade said in a press release.

The probe will be done by the Indonesian Trade Safeguard Committee (KPPI) after the Indonesian Textile Association (API) raised the problem earlier this year. Before starting the investigation, the Ministry considered the drop in workers employed in the textile sector and the domestic sector’s contracting size. KPPI Chairman Nugraheni Prasetya Hastuti said that they had noted initial signs of serious losses or threats of grave losses due to the massive rise in textile imports.

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