20 November 2024

Summary

The video emphasizes Indonesia's strategies to enhance its export market by protecting the domestic market and expanding into non-traditional regions like Latin America, Asia, and Africa. Key initiatives include fostering innovation and adaptability in SMEs, boosting trade representation through Indonesian Trade Promotion Centers (ITPCs), and ensuring continued export growth. With 53 consecutive months of rising exports, the focus is on leveraging market strategies that promote bold innovations and secure international market access, aiming to strengthen Indonesia's global trade presence.

Takeaways

• 😀 The first key program is securing the domestic market, ensuring it is not overtaken by competitors.
• 😀 The second program focuses on expanding export markets, with emphasis on new, non-traditional markets like Latin America, Asia, and Africa.
• 😀 Expanding export markets requires establishing new trade agreements and collaborations, especially for small and medium enterprises (SMEs).
• 😀 Innovation is crucial for entering new markets, and businesses should embrace it to stay competitive.
• 😀 Market adaptation is essential for companies to successfully enter and sustain their presence in international markets.
• 😀 The Indonesian government aims to establish over 40 trade representatives worldwide to support exports.
• 😀 Indonesian Trade Promotion Centers (ITPCs) play a key role in promoting Indonesian products abroad.
• 😀 The goal is to increase export volumes, with consistent success demonstrated over the past 53 months.
• 😀 The focus is on making Indonesian products more competitive and recognized in global markets.
• 😀 There is a strong push for greater international cooperation to help Indonesian businesses innovate and adapt to new global market trends.

Q & A

What is the primary focus of Indonesia's trade strategy?

The primary focus is securing the domestic market while expanding export markets to non-traditional regions such as Latin America, Asia, and Africa.

What role do Indonesian Trade Promotion Centers (ITPC) play in the country's trade strategy?

ITPCs are responsible for promoting Indonesian products abroad, with over 40 centers working to increase the visibility and market reach of local goods.

Why is it important for Indonesia to secure its domestic market?

Securing the domestic market ensures that local industries remain strong and are not overwhelmed by external competition, allowing for sustainable economic growth.

Which regions are Indonesia targeting for expanding its export markets?

Indonesia is targeting non-traditional export markets in Latin America, Asia, and Africa to diversify its trade relationships.

What is emphasized as key to successful international trade for Indonesia?

Innovation and the ability to adapt to new market conditions are emphasized as crucial for success in international trade.

How does Indonesia plan to help SMEs in expanding their exports?

Indonesia plans to help SMEs by encouraging them to innovate and adapt their products to meet the demands of international markets, facilitated through trade agreements and partnerships.

What has been the result of Indonesia's export efforts over the past 53 months?

Indonesia has experienced consistent export growth for 53 consecutive months, indicating the success of its trade strategies.

What role does innovation play in Indonesia's export strategy?

Innovation is seen as a driving force for competitiveness, allowing Indonesian businesses to meet global market demands and stand out in international trade.

How does the government plan to support the expansion of Indonesian exports?

The government plans to support exports by securing new trade agreements, promoting products through ITPCs, and encouraging businesses to innovate and adapt to global market conditions.

What is the importance of trade agreements for Indonesia's export strategy?

Trade agreements are crucial for accessing new markets, establishing beneficial partnerships, and helping Indonesian businesses grow their international presence.