Cereals Export of Indonesia: a Crucial Contribution to the Economy
The cereals export of Indonesia has come across recent fluctuations due to the utmost production capacity of the agro-farming industries. Indonesia has solidified itself as a topmost exporter of cereals in 2024 with dominance of top commodities like maize accounting for almost 68% of the total cereal export of 2024. Indonesia Import Data says, the overall domestic production rate of cereals in the nation has recorded a hike of 2.93% from the export production of 2023.
The ongoing growth rate of the cereals demand from the trade firms of Indonesia has indulged the country in introducing diversification in the global supply, worth an annual export trade value of 12 billion US dollars in 2024. Import Globals with its Indonesia trade data highlights the regional shipments of cereals from its trade firms to the leading importing destinations. The annual trade analysis highlights the potential marketing regions that can be a crucial role in the information of business owners proactively monitoring the competitors’ engagement in the global market.
GOVERNMENT INITIATIVES SUPPORTING THE EXPORT OF CEREALS FROM INDONESIA IN 2024
The Indonesian government has recently introduced several initiatives to foster its cereal exports, mainly focusing its trade on maize, to enhance the domestic production and to reduce the reliance on imports. The continuous rise in government purchase prices to improve farmers’ welfare and advance food self-sufficiency, mainly aiming to stimulate national farmers’ productivity, is one of the crucial government initiatives for fostering the annual export of cereals.
Wrapping up, the food self-sufficiency policies work as a cornerstone to the entire export economy of cereals. The administration prioritized the food self-sufficiency for higher production rates to counter the annual valuation of exports in a significant manner, reducing the import trade rate, maintaining a strategic balance in both the leading markets.
THE TOP 10 LEADING VARIANTS OF CEREALS EXPORTED FROM INDONESIA IN 2024
Indonesia’s technological evolution in agro-farming industries has increased the export rate by 2.93% in 2024. The initiatives aimed at improvising the manufacturing strategies, and countering the annual valuation, are the attributing factors. According to Indonesia Export Data, the top 10 leading variants of cereals exported in 2024 are
- Rice — The export trade value of Rice from Indonesia in 2024–4.3 billion US dollars
- Corn — The export trade value of Corn from Indonesia in 2024–2.8 billion US dollars
- Wheat — The export trade value of Wheat from Indonesia in 2024–1.67 billion US dollars
- Barley — The export trade value of Barley from Indonesia in 2024–1.25 billion US dollars
- Sorghum — The export trade value of Sorghum from Indonesia in 2024–1 billion US dollars
- Millet — The export trade value of Millet from Indonesia in 2024–870 million US dollars
- Oats — The export trade value of Oats from Indonesia in 2024–654 million US dollars
- Quinoa — The export trade value of Quinoa from Indonesia in 2024–565 million US dollars
- Amaranth — The export trade value of Amaranth from Indonesia in 2024–478 million US dollars
- Buckwheat — The export trade value of Buckwheat from Indonesia in 2024–348 million US dollars
THE LEADING EXPORT TRADE PARTNERS OF INDONESIA FOR CEREALS IN 2024
The sturdy focus of the government authorities in establishing its solidifying position as a leading cereals exporter in the global market has built up trade relations with most of the top importers. According to the Indonesia Customs Data, the top 10 leading export trade partners of the nation for cereals in 2024 are,
- China — The total annual export trade value of cereals from Indonesia to China in 2024–3.4 billion US dollars
Top 5 variants of cereals exported
1. Maize
2. Wheat
3. Sorghum
4. Millet
5. Barley
2. Japan — The total annual export trade value of cereals from Indonesia to Japan in 2024–2.78 billion US dollars
Top 5 variants of cereals exported
1. Rice
2. Oats
3. Rye
4. Jowar
5. Quinoa
3. United States — The total annual export trade value of cereals from Indonesia to the United States in 2024–1.65 billion US dollars
Top 5 variants of cereals exported
1. Teff
2. Finger millet
3. Buckwheat
4. Spelt
5. Fonio
4. Malaysia — The total annual export trade value of cereals from Indonesia to Malaysia in 2024–1 billion US dollars
Top 5 variants of cereals exported
1. Amaranth
2. Maize
3. Wheat
4. Sorghum
5. Pearl millet
5. Philippines — The total annual export trade value of cereals from Indonesia to the Philippines in 2024–876 million US dollars
Top 5 variants of cereals exported
1. Finger millet
2. Barley
3. Oats
4. Triticale
5. Quinoa
- South Korea — The total annual export trade value of cereals from Indonesia to South Korea in 2024–765 million US dollars
Top 5 variants of cereals exported
1. Amaranth
2. Buckwheat
3. Rice
4. Millet
5. Teff
7. Singapore — The total annual export trade value of cereals from Indonesia to Singapore in 2024–654 million US dollars
Top 5 variants of cereals exported
1. Chia seeds
2. Flaxseeds
3. Buckwheat groats
4. Millet flakes
5. Brown rice puffs
8. Australia — The total annual export trade value of cereals from Indonesia to Australia in 2024–564 million US dollars
Top 5 variants of cereals exported
1. Rye flakes
2. Popcorn
3. Barley
4. Oats
5. Rice
9. United Kingdom — The total annual export trade value of cereals from Indonesia to the United Kingdom in 2024–468 million US dollars
Top 5 variants of cereals exported
1. Triticale
2. Buckwheat
3. Teff
4. Oats
5. Barley
10. Saudi Arabia — The total annual export trade value of cereals from Indonesia to Saudi Arabia in 2024–345 million US dollars
Top 5 variants of cereals exported
1. Millet
2. Rice
3. Pearl millet
4. Finger millet
5. Triticale
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