Bali travel voyage - Bali Tour and Travel in Indonesia Bali Agence de Voyage pour des séjours en Indonésie

19 / 08 / 2017
11:54 am


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Reported on:
Saturday, August 19, 2017

Bali’s exports drop due to global crisis

The value and volume of the island’s exports dropped by 4.24 percent in 2011 mostly due to the contraction of the global economy.

During the last five years, the value has been decreasing by an average of 0.04 percent. In Japan, exports were also affected by the earthquake and tsunami that occurred in March last year. Meanwhile, Bali’s exports to Australia decreased by 16.12 percent. The export value to each country in the European Union also dropped, despite the fact that Italy and France were Bali’s main export market besides the US, Japan and Australia. In response to the condition, the agency would continue to intensify cooperation with the exporters, producers and other related institutions. It would also carry out efforts to raise the product’s competitiveness and apply easier procedures to exporters.