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- (-) August 2024
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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).
The Indonesian Ministry of Religious Affairs (MORA) notified a draft decree to the WTO TBT Committee on January 6, 2022, as G/TBT/N/IDN/140 regarding materials that are exempted from mandatory halal certification.
On July 2, 2021, Indonesia notified Ministry of Religious Affairs (MORA) Decree 748/2021 regarding Types of Products Mandatory to be Halal Certified as G/TBT/N/IDN/134 to the WTO TBT Committee and again on December 1, 2021 as G/TBT/N/IDN/134/Add.1.
In 2020, U.S. agricultural exports to Indonesia totaled $3 billion, making it the 11th largest market for U.S. agricultural exports. Major exports include soybeans, wheat, cotton, milk powder, feeds and fodders, dairy, fresh fruit, and beef and beef products.