Indonesian exports have gone down 6.61 percent due to the declining demand from the nation’s major trading partners, such as the US, Japan and Europe, due to the global economic slowdown.
While Indonesian imports have increased 8.2 percent, but driven by imports of intermediary goods for local production (73.1 percent), followed by capital goods (19.9 percent) and consumer goods (7 percent), that means that has been excluded the factor of production sharing (very difficult to include in the stats), where exporters import the parts and components needed for production, is that to say, for the assemblage.
Nowadays, most goods are no longer produced by one specific nation. The interdependent economies suppose that international trade requires a new paradigm to measure the imports and exports of each country.
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