Browse Data and Analysis

On July 4, 2024, the Indonesian Quarantine Agency (IQA) notified the World Trade Organization (WTO) of their plans to issue a new regulation regarding Quarantine Documents and Seals under notification number G/SPS/N/IDN/149.

Indonesia palm oil exports are estimated to decline to 26.5 million metric tons (MMT) in 2023/24 on lower output and weaker demand from key destination markets. Post revised down 2023/24 palm oil production to 45.6 MMT as 2023’s El Nino led to much lower yields than previously anticipated.

Driven mainly by higher demand from feed mills, higher consumption of flour-based food during the consecutive religious festivities and general election, as well as demand for alternative staples cheaper than rice and trending flour-based foods, Indonesian wheat imports in 2023/24 are estimated to break record levels at 12.6 million metric tons (MMT).

Indonesia is the 10th largest export destination for U.S. agricultural products. In 2018, the United States was the largest agricultural exporter to Indonesia.

Indonesia’s new Minister of Agriculture Syahrul Yasin Limpo has stated a goal of exporting 100,000 – 500,000 tons of “premium” rice in 2020.

Indonesian imports of U.S. wheat reached a record high 1.73 million tons in 2018/19.

Indonesia’s launch of B30 in January 2020 is expected to increase 2019/20 industrial consumption of palm oil to 9.2 million tons, raising total domestic consumption to a record 15.61 million tons.

Cotton imports for 2018/19 are lowered to 3.05 million bales due to competition from imported yarn and fabrics, a weak rupiah, and lower demand from export markets for garments.

Indonesia’s 2019/20 coffee exports are expected to increase by 400,000 bags based on higher production and competitive pricing for both Robusta and Aribia varieties.

Hampered by several constraints, domestic fluid milk production is expected to only marginally increase in 2019.

In 2018, Indonesia’s imports of consumer-oriented agricultural products grew to $5.9 billion, an 8.5 percent increase from the previous year.

The Indonesian food and beverage industry is comprised of over 5,000 large and medium size companies and is valued at an estimated $188 billion.