Tuesday, 23 July 2024 09:19

SMEs Contribute 15% to Total Indonesian Exports

Small and Medium Enterprises (SMEs) in Indonesia have shown a significant contribution to the country's export performance. As reported, SMEs account for approximately 15% of Indonesia's total exports. The Ministry of Cooperatives and Small and Medium Enterprises (Kemenkop UKM) reveals that this contribution has been steadily increasing, underscoring the growing importance of SMEs in Indonesia's economic landscape. This substantial share highlights the critical role that SMEs play in both supporting the national economy and enhancing the global competitiveness of Indonesian products. The Ministry's efforts to further boost SME contributions include various programs and policies aimed at expanding their international market reach. These initiatives focus on improving product quality, increasing production capacities, and facilitating better access to global markets for SMEs. The government is committed to continuing these support measures, believing that such efforts will not only elevate the export share of SMEs but also contribute positively to Indonesia's overall economic growth. By fostering an environment conducive to SME development, the goal is to ensure sustained growth in export contributions from this vital sector.

Source: https://insight.kontan.co.id/news/umkm-menyumbang-15-total-ekspor-indonesia

 

 

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