Indonesian agricultural exports could be “potential winners” in the pandemic as they recorded annual growth despite the downturn in global trade, according to the Trade Ministry.
The agriculture exports reached US$2.06 billion in the January–July period, marking an increase of 9.95 percent from the same period in 2019. Exports of peanuts, fruits and herbs/spices more than doubled, rising by 138.2 percent, 129.3 percent and 104.7 percent, respectively, on the year.
Trade Ministry National Export Development Director General Kasan Muhri said Monday that the surge in agricultural exports was in line with various countries’ product needs in dealing with the coronavirus.
“Our potential to expand export markets is still very large,” Kasan said in a virtual discussion. “Some of our agricultural products have not really dominated some regions in the context of global trade.”
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