REPUBLIKA.CO.ID, JAKARTA -- The trade Ministry estimated the country's exports in 2014 fell below target of US$184.3 billion.

Exports were estimated to reach only US$178 billion, Director General of the National Export Expansion Nus Nuzulia Ishak said.

"Exports of commodities other than oil and gas were estimated to reach US$146 billion and oil and gas exports were estimated to be worth US$32 billion," Nus said here on Tuesday.

The export performance in 2014 was not up to expectation because of the global economic slowdown, and the commodity price fall, he said.

The prices of the country's main export commodities such as palm oil and natural rubber, shrank on weak demand, he added.

"Therefore, there will be an export policy package to boost exports," he said.

However, exports of a number of commodities, such as palm oil, timber products, chemicals , metal, processed food and automotive products overshot the target, he said.

Exports of commodities other than oil and gas were estimated to reach only US$147 billion , far below the target of US$151 billion.

The shortfall was caused mainly by the commodity price fall.

In 2015, the export target set by the trade ministry is US$192.5 billion.

A 300 percent increase in exports is predicted over the next five years period dominated by manufactured products.

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