Turkey is one of the important export destinations for Indonesian synthetic fiber and yarn products, says Secretary General of the Indonesian Fiber and Filament Yarn Producers Association (APSyFI) Redma Gita Wiraswasta. Fiber products such as staple fibers of viscose rayon and single yarn are a few textile products offered by Indonesia in a counter-trade agreement with Turkey, one of Indonesia's main trading partners. Fiber and yarn producers in Indonesia have expressed interest in trying out a counter-trade scheme in trading these products. Trade returns are considered as an alternative for market penetration in the midst of trade barriers that are applied in the destination country.
Turkey accounts for 10 per cent of Indonesian fiber and filament yarn exports. Trade compensation is an alternative considering that several Indonesian fiber products are subject to anti-dumping duties in that country. Meanwhile Indonesia believes the Regional Comprehensive Economic Partnership (RCEP) will open up opportunities to increase exports of footwear. The country’s shoe exports to RCEP countries reached 29 per cent of total exports in 2020 followed by the United States at around 27 per cent. RCEP participating countries are the second largest footwear export destination for Indonesia after the European Union. RCEP countries have become an important market, especially China, which showed a large increase in imports in the period 2019 and 2020.












