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Indonesia faces economic challenges in 2015 and 2016. Bank Indonesia expects growth at approximately 4.7 – 5.1 percent in 2015 and 5.2-5.6 percent in 2016.
The Indonesian food processing industry will serve a population of 255 million in 2016 and offer significant market potential for U.S. food and ingredient suppliers.
MY2015/16 seed cotton production in Burkina Faso, Mali, Cote d’Ivoire, Senegal and Chad combined, are expected to drop 10 percent compared to the initial target due to a late start of the rainy season
Favorable cotton prices relative to synthetic fiber prices, combined with the expansion of large mills, have led to higher imports and consumption of cotton in MY 2014/2015.
Indonesia is experiencing an El Nino event characterized by atypical dryness throughout much of its palm oil production regions.
Indonesia is experiencing a strong El-Nino phenomenon. Despite dry weather, total production increased by approximately 20 percent (10.605 bag GBE) over 2014/15.
Weak economic performance has depressed consumer purchasing power and created business uncertainty.
Indonesian Ministry of Trade (MOT) Regulation 78/2014 establishes provisions for the import of wood and wood products to Indonesia.
Despite an extended El Nino event, Indonesian rice and corn production did not experience significant declines.
The Indonesian Ministry of Trade (MOT) issued regulation 71/2015, updating Indonesia’s import rules on horticultural products.
Ineffective policies and insufficient supply chain infrastructure have caused biodiesel use to fall far short of aggressive mandates (use goals)...
On July 8, 2015, the Ministry of Finance issued an amendment to regulation No. 132/2015 regarding tariffs on imported goods.