Indonesian SMEs Record 14pct Growth in Exports

JAKARTA, KOMPAS.com – Indonesian small and medium enterprises (SMEs) have recorded a 14-percent growth in exports in 2020, said Minister of Cooperatives and SMEs Teten Masduki.

President Joko ‘Jokowi’ Widodo gave Teten the task of increasing export activities of Indonesian SMEs.

Teten explained on July 9 that the ministry is focusing on empowering Indonesian SMEs that have unique products with export potential.

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To achieve the goal set forth by Jokowi, Teten said his ministry has focused on collaborating with ministries, institutions, the international business community as well as academics.

The collaboration is hoped to roll out the ministry’s plans to meet the big task of fulfilling Jokowi’s goal smoothly.

“Let me remind you that exports and imports have gone down. This is the ideal moment for us to position Indonesian SMEs’ products in the market.” 

The Indonesian government has set aside several programs to improve the competitiveness and quality of Indonesian SMEs and their products.

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One of the ministry's programs is Foster SMEs which encompasses a partnership with e-commerce companies in Indonesia.