Indonesia's export falls in November

Special Report:Global Financial Crisis

JAKARTA, Jan. 5 (Chinese media) -- Indonesia's overseas

sales weakened by 2.36 percent to 9.01 billion U.S. dollar in the month compared

to the same period last year, deputy for Statistic distribution and services of

the agency Ali Rosidi announced.

The global financial routshave hit the sectors of

textiles, coal, steel and palm oil rubbers and other commodities in Indonesia

since October.

Indonesia is the world's biggest palm oil producer

and the world's second biggest rubber maker.

The weakening of global demand has made the

authorities to rely more on domestic market in the country with over 2230

million population and diversify export market destination.

The country's export is predicted to continuously

plunge this year as the deepening impact of the global recession would further

slump demands from the emerging markets, including Indonesia, Coordinating

Minister for Economy Sri Mulyani Indrawati has said.

The minister said that that the overseas sales would

only grow between 6 to 7 percent in 2009, far below the exports percentages in

the last several years which grew more than averages of 13 percent.

Indonesia's export in 2007, 2006, 2005 and 2004

respectively grew by 13.20 percent, 17.67 percent, 19.66 percent, 17.29 percent,

according to data from the statistic agency.

Total imports, including imports into bonded zones,

were 8.72 billion U.S. dollars in November.

The government has forecast the economy could grow to

the lowest pace of 4.5 percent this year and the World Bank forecast to 4.4

percent.