Usually and theoretically the weakening of a state currency will encourage export from the country. Unfortunately, data and observer says that the weakening of Rupiah does not encourage export from Indonesia. Bambang Sabekti, professional in shipping and maritime industry shared his views to Indonesia Shipping Gazette about this. Follow the story!
In June 2018 International volume in Tanjung Priok declined 40% compared with previous month, proving the forecast earlier predicted and a normal drop during long holiday of Idul Fitri as took place other years earlier. And, in July most likely the international volume for export and import in Tanjung Priok has back to normal. However, the annual performance was still positive. The June YOY international volume increased around 11% (compared to June 2017).