The Number Of Indonesian MSMEs Is One Of The Most Populous In The World

JAKARTA - Indonesia is considered to be a country with the largest number of Micro, Small and Medium Enterprises (MSMEs) in the world. This was stated by the Founder of Export.id Choirul Amin.

He said that of the 332 million MSMEs in the world, 196 million were in emerging market countries. Of this figure, 102 million of them are in East Asia Pacific.

"Even though it is the densest, Indonesia's export value is still relatively low. The contribution of Indonesia's exports in early 2022 is 15 to 16 percent," said Choirul Amin in the Akurat.co webinar MSME Goes To Global Market supported by Bank BNI, PT Jamkrindo and the Export Financing Agency. Indonesia (LPEI)", quoted Thursday, July 21.

According to Choirul, MSMEs need to get encouragement from institutions such as the LPEI or related ministries in order to increase the contribution of exports to the country.

From Export.id itself, said Choirul, his party continues to strive to provide education to the public in order to continue to provide market opportunities for MSME players.

"We did it together with several ministries including the Ministry of Industry, then the Ministry of Trade which we immediately conveyed to friends (SME actors) to match products with potential buyers," he explained.

Export.id, he said, had also sent the 25 best MSMEs to enter the making business at the US and Indian embassies. In this way, he hopes that these efforts will be able to improve the export performance of MSMEs, especially the export value can be higher and the trade balance will always be in a positive trend.