Exports of footwear worth Rp8 trillion.The country's total exports of footwear were estimated to reach a value of US$ 875 million (Rp 8.03 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time.(mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. ) in the first quarter of 2012 or an increase of 16% from US$ 754 million in the same period last year. Chairman of the Indonesian association of footwear producers (Aprisindo) Eddy Widjanarko said the country's footwear industry has continued to operate normally despite the financial crisis that rocked Europe and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , the main export destination for Indonesian footwear. Eddy said inflows of orders had been normal, therefore, exports are forecast to rise 9.3% this year from US$ 3.3 billion last year. Without the global crisis, exports could reach US$ 4 billion in 2012. Many shoemakers from China have relocated re·lo·cate v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates v.tr. To move to or establish in a new place: relocated the business. v.intr. their factories to Indonesia on higher labor cost in that country. |
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