Indonesia Imposes Protective Measures On Woven Cotton Cloth, Tariff &Nbsp, And Zero Tariff Products.

tariff

The number of duty woven cotton cloth (including unbleached and bleached) is related to 11 customs duties, including 520811, 520812, 520813, 520819, 520823, 520829, 520929, 521011, 521111, 521112, and 521112.

The tax time is three years from the date of the announcement. The first year's tax rate is 116800 rupiah (about 15 dollars per kilogram), second rupiah per kilogram, and 102200 Indonesian shields per kilogram in third years.

Economics

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Since the implementation of the China ASEAN free trade area last year, the textile and garment trade between China and Indonesia has been developing rapidly. In 2010, the import and export volume reached US $2 billion 662 million, of which exports amounted to US $2 billion 328 million, an increase of 50.73% over the same period last year, accounting for 15.7% of ASEAN's textile and garment exports. Imports of US $333 million, an increase of 49.1% over the previous year, accounted for 21% of the total imports from ASEAN.

Zero tariff

However, only one year after the operation of the FTA, the Indonesian government imposed tariffs on safeguards.

The provisions relate to 226 of our export enterprises. In 2010, the products exported to Indonesia amounted to US $55 million 930 thousand, an increase of 68.31% over the same period last year, with an export volume of 58 million 90 thousand M, an increase of 39.88%. The average unit price was 0.96 US dollars / M, up 20.61%.

The top 5 export provinces and cities are Shandong, Guangdong, Zhejiang, Jiangsu and Shaanxi. Processing trade is the main trade mode, exports account for 44.72%, and general trade accounts for 39.96%.