Indonesia’s total export declined 8% to US$124.17 billion in the first nine months of 2019, but export volume actually increased by 7.57%, mainly because of 9.9% growth in non oil and gas products. One of the fast growing industries is steel, especially because of huge investments by Tsingshan Group, the world’s largest stainless steel producer, and its partners in Morowali Industrial Park, Central Sulawesi in the past five years. To subscribe please click here
