THE TRADE WAR BETWEEN THE U.S. and CHINA
The Trade War between the u. s. (US) and China has no result on Indonesian exports. the speed of Indonesian exports to each countries is growing completely. Central Bureau of Statistics (BPS) noted, exports throughout might 2018 reached USD16, 12 billion, up 10.9% on a monthly basis (mtm) and up twelve.47% on associate annual basis (yoy). of those figures, Indonesia's largest export destination country remains China, that exaggerated by USD278.9 million from the previous month.
what is more, the U.S.A. in second place, with a rise in exports of USD143, four million from the previous month. whereas Taiwan was in third place with a rise of USD138, six million from the previous month.
"Although there's a trade war, our exports square measure still growing, not impacting," he said. As is thought, accumulatively from January to might 2018, exports to China additionally exaggerated ten.25%. As for the U.S.A., cumulatively within the same amount exaggerated by seven.43%. Overall, 15.05% of Indonesia's exports square measure still to China and ten.91% to the U.S.A..