REPUBLIKA.CO.ID, DENPASAR - Bali earned 2.14 million USD of foreign exchange from leather bags' exports during January-May 2014. The value increased 154.33 percent compared to 842,310.83 USD in same period last year.

Department of Trade and Industry in Bali recorded a reduction in terms of volume from 1.15 million units in 2013 to 944,772 units this year. However, the foreign exchange earnings showed a significant increase.

Leather bag is one of eight Bali's small industrial products penetrating foreign markets, beside canned fish, home components, plastic, shoes and footwear, as well as textile products. Bags made of leather are combined with beads, which can be used by man or woman of all ages in various countries around the world.

Head of Statistic Indonesia (BPS) in Bali, Panasunan Siregar explained that the export of bags particularly in Japanese market reached 27.27 percent, Singapore (25.17 percent), the United States (5.22 percent) and Australia (3.22 percent). Thai market absorbed 1.87 percent, Germany 5.34 percent, Hong Kong 0.25 percent, France 4.90 percent, Spain 2.09 percent, the United Kingdom 0.56 percent and others (23.52 percent).

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