News Terupdate - Medan, North Sumatra`s rubber and rubber product exports last year plunged 38.42 percent to US$1.183 billion from US$1.921 billion the year before because of the global crisis, a spokesman said.
"In 2009 rubber and rubber product exports plunged to US$1.183 billion. Foreign exchange earnings from rubber and rubber product exports fell on declining demand as a result of the global crisis," head of the North Sumatra provincial statistics office Alimuddin Sidabalok said here on Sunday.
He expressed hope rubber and rubber product exports in 2010 would return to the pre-crisis level and even increase so that the province`s foreign exchange earnings would increase too.
He said rubber exports showed signs of increase in the past few months of 2009.
Overall, the province`s foreign exchange earnings in 2009 fell 30.13 percent to US$6.471 billion from the year before.
North Sumatra is Indonesia`s main rubber producing province.
Tuesday, February 16, 2010
NORTH SUMATRA`S RUBBER EXPORTS PLUNGE LAST YEAR
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