Indonesia experiences a decline in exports of fishery commodities

Published Oct 5, 2023

Tridge summary

The Director General of Strengthening the Competitiveness of Maritime and Fisheries Products in Indonesia, Erwin Dwiyana, has acknowledged that the country's exports of fisheries and marine food commodities have decreased compared to the previous year. The export earnings for August 2023 reached $475.42 million, which was an increase from July but a decrease from August 2022. The decline in exports can be attributed to global economic conditions, particularly in America, which is a major market for Indonesian shrimp exports.

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Original content

Director General of Strengthening the Competitiveness of Maritime and Fisheries Products (PDSPKP) KKP, Erwin Dwiyana admitted that the number of exports of Indonesian fisheries and marine food commodities had decreased compared to the previous year. ADVERTISEMENT Based on data obtained from the Central Statistics Agency (BPS), export achievements for the August 2023 period reached US$475.42 million. This figure is said to have increased compared to July, amounting to US$27.06 million. However, Erwin said that export earnings had decreased compared to the August 2022 period. The decrease occurred at US$43.63 million or 8.40%. Also Read: Collaborating with BRIN, KKP Diversifies Fish Processing Based on periodic accumulations from January to August 2023, Erwin said the export value of fishery products reached US$3.61 billion with a volume of 761.08 thousand tons. This figure is considered to have decreased by 11.74% and in volume decreased by 1.35% compared to the August 2022 period. ...

Source: Wartaekonomi