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Bali Creative Sector Crisis Proof?

Bali Exports Continue to Grow Buoyed by the Handicraft, Garment and Furniture Sectors

(11/6/2011) The value of Bali-made exports in August 2011 totaled US$51.94 million, a figure 8.58% higher than the export figures for the preceding month.

Gede Suarsa the head of Bali’s Statistic Bureau, said, “the synergy of exports towards the end of the year demonstrates that the province of Bali can withstand a whole range of crisis situations developing in Europe and the United States.”

He explained that among the five main exports from Bali in August 2011 were fish products and prawns, jewelry and accessories, garments, wood products, furniture and household lighting. With the exception of fish and prawns, exports from Bali are dominated by the creative sector.

When compared to August 2010, exports have risen month-on-month by 5.15%. Exports from Bali in August 2010 totaled US$49.4 million.

The only main export market to decline in August was Japan down 18.3% due to worsening economic conditions in that country.

Bali’s main exports for creative products are the United States (19.79%), Japan (13.79%), Australia (9.19%), Singapore (8.69%) and Hong Kong (6.26%).

On  a cumulative basis January – August 2011,  exports from Bali reached US$410.86 million. This total was still dominated by fish and prawns worth US$79.11 million (19.26%). Garments US$58.48 million (14.23%), accessories and jewelry US$52.41 million (12.76%).

53.48% of Bali’s exports are shipped directly from Bali, while 44.93% transited Surabaya in East Java on their way to overseas markets.