Indonesia plans to relax restrictions on importing goods as one of its fiscal measures to combat the harmful economic effects of the COVID-19. The number of restricted import goods will be reduced by up to 50 per cent to spur business activities. As many as 749 harmonized system codes will be scrapped. Stimulus packages are being prepared, including one that will expedite the import process for 500 importers with good reputations and another to reduce logistics costs in ports across the country. Items included in the list of restricted import goods include ceramics, soybeans, corn, textiles and textile products, vaccines, health equipment, telecommunication tools and equipment, footwear and food supplements, among many others. Manufacturing industries have complained of disruptions to their supplies of raw materials that have crippled factories across Indonesia. Twenty per cent to 50 per cent of raw materials for the country’s industries are usually sourced from China.
Indonesia might not be affected severely by the global health emergency, thanks to its minimal exposure to global trade and its wide room to maneuver in monetary policy. It isn't deeply integrated in the global supply chain. Indonesia is heavily dependent on domestic demand. Household consumption grew 4.97 per cent in the fourth quarter of 2019 and accounts for more than 50 per cent of gross domestic product.

- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
EU textile labeling crackdown exposes apparel supply chain compliance risks
The European apparel industry is facing a major compliance challenge after a coordinated market surveillance exercise by the European Commission... Read more
Can Surat overcome raw material volatility to become a global MMF hub?
Surat remains the undisputed heart of India's man-made fibre (MMF) textile industry. The Gujarat cluster produces nearly 65 per cent... Read more
Emerging markets redraw the global fashion spending map
The global apparel industry is facing a geographic realignment as rising middle-class in developing economies reshape consumer spending patterns. New... Read more
Shrinking cotton harvest puts global textile supply chains under pressure
The global textile industry is heading into another challenging procurement cycle as falling cotton production and shrinking cultivation areas threaten... Read more
Global Sourcing Expo Sydney 2026 reports 20% growth in attendance
The Global Sourcing Expo Sydney 2026 has officially concluded, marking a watershed moment for Australia’s textile and apparel trade sector.... Read more
Bharat Tex 2026: Setting the global standard for textile commerce and innovation
As the industry prepares for a major milestone, Bharat Tex 2026 is set to strengthen its position as the premier... Read more
UK fashion sourcing shifts south as Bangladesh overtakes China
The UK’s apparel sourcing has seen a realignment in recent years, as retailers increasingly diversify production away from traditional East... Read more
Why European consumers are spending more but buying less fashion
For much of the last two decades, the European fashion industry operated under the assumption that rising consumer wealth would... Read more
Why US apparel prices defied inflation while product quality improved
As inflation reshapes nearly every aspect of American household spending, one consumer category continues to stand apart. Housing costs have... Read more
The Resale Revolution: Vinted’s marketplace model reshapes European retail
The French fashion market has reached a turning point. In a development that highlights the growing influence of circular commerce,... Read more












