Business News
Significant Vanilla Export Potential in Indonesia
Indonesia, the world's second-largest vanilla producer after Madagascar, boasts high-quality vanilla with a robust and enduring aroma. Indonesian vanilla also effectively meets the growing global market demand. The global market price for vanilla is notably high, with an average of 270.40 euros per kilogram for vanilla extract and 175.56 euros…
Indonesia's Export Value in September 2023 Reaches USD 20.76 Billion
The Central Statistics Agency (BPS) has reported that Indonesia's export value in September 2023 reached USD 20.76 billion, marking a 5.63% decline compared to August 2023. Compared to September 2022, export value dropped by 16.17%. Amalia Adininggar Widyasanti, the Acting Head of BPS, stated on Monday, October 16, 2023, that…
Indonesia-Latin America and Caribbean Trade Increases by 8.9% Over the Last 5 Years
The Vice Chairman of Indonesian Chamber of Commerce and Industry and Coordinator for Maritime, Investment, and Foreign Affairs, stated that Indonesia's total trade with Latin America and the Caribbean has increased by 8.9% over the last five years. She mentioned that this 8.9% increase amounts to a substantial value of…
Trade Surplus in West Nusa Tenggara (NTB) Province for September 2023 Amounts to USD 52.20 Million
The trade balance of West Nusa Tenggara (NTB) Province in September 2023 recorded a surplus of USD 52.20 million. Cumulatively, from January to September 2023, NTB Province's trade balance shows a surplus of USD 844.35 million. Cumulatively, from January to September 2023, the trade balance of NTB Province shows a…
