Business News
Expanding Export Markets, Ministry of Industry Boosts Coconut Commodities through Downstreaming Program
The Indonesian Ministry of Industry is enhancing the export market for coconuts through a strategic downstreaming program. Alongside palm oil, coffee, and cocoa, coconut is a key commodity for Indonesia. In 2022, Indonesia produced 17,190,327 tons of coconuts, accounting for 27% of global production. In 2023, exports of coconuts and…
Expand Global Market Reach, Customs Facilitates Export of Wahoo and Tuna Products Worth USD 239,000
Bea Cukai Gresik, in collaboration with Export Center Surabaya, facilitated the export of fish products from PT Danendra Sembagi Arutala, specifically wahoo mackerel and tuna, to Vietnam on Wednesday, May 8, 2024. Eko Rudi Hartono, Head of Customs Education and Information Services at Bea Cukai Gresik, stated that the exported…
Bamboo: The Versatile Resource for a Sustainable Economic and Environmental Future
The Bamboo Global Market Report 2024 details the significant growth in the global bamboo market, which reached USD 70.59 billion (approximately IDR 1,132 trillion) in 2023 and is projected to grow to USD 75.12 billion (IDR 1,205 trillion) in 2024, with a compound annual growth rate (CAGR) of 6.4%. This…
Kaltim Trade and Industry Office Explore Export Opportunities for Processed Seaweed Products
The Department of Industry, Trade, Cooperatives, and Micro, Small, and Medium Enterprises (Disperindagkop) of East Kalimantan aims to explore the export potential of processed seaweed products, particularly to several international markets. Headed by Heni Purwaningsih, Disperindagkop emphasizes the significance of seaweed from East Kalimantan as a crucial ingredient in cosmetics…
