The Ministry of Industry in Indonesia has said that domestic jewelry products and valuables can compete at the global level considering their export value reached US$3.1 billion in the January–July 2023 period.
The trade balance for jewelry and valuables also recorded a surplus of US$3 billion. “The main destination countries for jewelry exports from Indonesia include Singapore, the United States, Switzerland, Jordan, and the United Arab Emirates,” the ministry’s director general of small, medium, and miscellaneous industries, Reni Yanita, according to a statement released on Friday.—Antara News