Bali?s Economy

Published by adiarifin in Bali news on June 16th, 2010

Bali is where most jobs are to be found, mostly in the hotel or tourist industry, and also the farming industry, because of the great soil they have here. Smaller scales of home businesses are also in the trend such as textile or garment, handicrafts and souvenirs, providing Bali’s economy with more than 200,000 jobs, and exports have been increasing around 6.7%. All of these jobs come because Bali become more and more popular in international world and people recognize this place as one of heaven in the world.

Of the total foreign exchange earners, textiles and garments contribute about 27.4% and wood products including statues, furniture and other handicrafts 18.2%. Silver work is ranked third 0.41% with 4,500 workers employed. And this sector keep growing steadily with target market widely open on the US, Europe and Japan.

The soil in Bali could produce important agricultural product such as vegetables, fruits, coffee, copra, vanilla, soy beans and chilies. Most recently vineyards also can be found along the north coast line.

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