Indonesia regulates textile imports to balance market demand

Jakarta (ANTARA) - The Industry Ministry has ensured that its policy regulating imports of textiles and textile products (TPT) aims to balance supply and demand while protecting domestic production.
Ministry spokesperson Febri Hendri Antoni Arif said the restriction policy is not intended to hinder business, but to align imported goods with domestic market needs.
"The principle is aimed at maintaining the supply-demand balance, matching domestic demand with domestic industry capacity," Arif said on Monday.
He gave an example that if domestic market demand for downstream products reaches 100, while domestic industry can supply 80, the import requirement is only 20.
Import control is needed so the volume of goods entering the country does not exceed demand, which could otherwise put pressure on the national industry.
"Therefore, if the policy instrument is delegated by the Trade Ministry to the Industry Ministry, we will use it to control the supply-demand balance, avoiding burdens on domestic industry, demand, or production," he explained.
Regarding concerns over restrictions on imports of global textile products, including premium items or luxury goods, Arif affirmed the government continues to encourage the use of products domestic manufacturers can produce.
He explained that purchasing domestic products yields a greater economic impact because added value stays in Indonesia, covering company profits, tax revenue, and manufacturing wages.
"When we buy domestic products, we help citizens working in the domestic manufacturing industry support their families," Arif said.
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Translator: Ahmad, Kenzu
Editor: Arie Novarina
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