Textile entrepreneurs revealed that the export growth that is included in the current government data is the production in June-July 2022.This statement from the West Java Textile Product Entrepreneurs Association (PPPTJB) responded to the Minister of Finance Sri Mulyani who said that textile and textile product exports (TPT) still showed high growth. "Yesterday, there was information that export data was still large in September. The large export figure was due to the June-July production. It's still at work, right. But later, for example, now orders are quiet. Later December to January will feel (fallen)," said PPPTJB Spokesperson Sariat Arifia , Wednesday (9/11/2022).
"The production period is in September (September export) too. It's not," he said.
He explained, there is a range, at least a few months between the time of production until the manufacturer sells the product to buyers, including to the export market.
Because of that, he predicts, future export figures will drop because currently production activity has experienced a sharp decline. In fact, many factories are closed because there are no more buyers.
"Order data from buyers for each factory is already in hand, besides people can access information on the US economic situation until June. Here, you can predict what will happen next," said Sariat.
Previously, during a press conference on the results of the 2022 KSSK IV Periodic Meeting, Thursday (11/3/2022), he explained the growth of textile exports.
He explained that exports for HS 61 products, namely clothing, accessories and knitwear, grew 19.4% until September 2022.
Meanwhile, HS 62 clothing products, non-knitted accessories, reported higher growth, at 37.5%. Meanwhile, footwear export growth is still 41.1%.
For textiles and textile products (TPT), export data up to September actually showed very high growth," said Sri Mulyani.
"In this case, it can be seen that exports of textile products, knitted and non-knitted, as well as footwear are still quite high. We will continue to encourage including using instruments such as the Special Mission Vehicle, LPEI, to diversify export destinations," he concluded.
