Jokowi refuses to export raw Indonesian coconuts only, asks to process into semi-finished or finished goods

Published 2023년 7월 31일

Tridge summary

President Joko Widodo of Indonesia has stated that the country's downstreaming efforts will not only focus on mining goods but also extend to plantation and marine products, including coconuts. Indonesia is currently the world's largest coconut producer, with 4.1 million coconut farmers producing 16.8 million tons. President Widodo encouraged Indonesian entrepreneurs and banks to support the downstreaming process by turning raw coconut exports into semi-finished or finished goods, such as nata de coco and coconut shell charcoal, which can significantly increase the value of the products.

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Original content

Jakarta, CNBC Indonesia - President Joko Widodo emphasized that downstreaming would be expanded not only to mining goods but to plantation and marine products. One of them is coconut. Jokowi also revealed that Indonesia is the largest coconut producer in the world. "I'll just give an example of coconuts, Indonesia is the largest producer of coconuts in the world. There are 4.1 million households (heads of families) who are coconut farmers, we produce 16.8 million tons," said Jokowi at the Apindo management inauguration event in Jakarta, Monday (31/7/2023). He asked that Indonesian coconuts should no longer be exported raw but instead become semi-finished goods until they are finished. For example, nata de coco to charcoal shells. "If this is made there is a downstream of semi-finished or finished goods, for example nata de coco can be 3.6 times the added value, grated coconut can be 6 times the added value, processed coconut shell charcoal can be 4.5 times the added value, and VCO ...

Source: Cnbcindonesia