Indonesia: Cocoa exports exceed 1 billion US dollars, industry performance is getting brighter

Published 2022년 11월 13일

Tridge summary

The Ministry of Industry in Indonesia is planning to enhance the productivity and global competitiveness of the country's cocoa processing industry. Despite global uncertainties, the industry has seen significant growth, contributing over $1 billion to the national economy in 2020 and 2021. Indonesia ranks third in cocoa product processing and sixth in cocoa bean production globally. The government is encouraging the development of artisan chocolate processors and offering tax incentives to the chocolate processing industry. Additionally, the Ministry plans to promote domestically processed cocoa products internationally.

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Original content

REPUBLIKA.CO.ID, JAKARTA -- The Ministry of Industry (Kemenperin) said it would continue to improve the performance of the cocoa processing industry in Indonesia to be more productive and globally competitive. This is in line with the cocoa industry which has contributed significantly to the national economy. Based on data from the International Cocoa Organization (ICCO) for 2021/2022, Indonesia ranks third in the world as a cocoa product processing country. In addition, Indonesia ranks sixth in the world as the largest producer of cocoa beans. It is recorded that the cocoa processing industry is able to contribute foreign exchange to more than 1 billion US dollars in 2020 and 2021. Meanwhile, 85 percent or 319,431 tons of the total production volume of the cocoa processing industry has been exported to 96 countries, including the United States, India, China, Estonia and Malaysia," said the Director General of Agro Industry at the Ministry of Industry, Putu Juli Ardika in his ...

Source: Republika