Indonesia: Luhut reveals the durian export market to China is fantastic

Published 2024년 6월 26일

Tridge summary

The Coordinating Ministry for Maritime Affairs and Investment in Indonesia has announced that China's durian fruit imports are valued between US$ 7-8 billion annually. Coordinating Minister Luhut Binsar Pandjaitan stated that this could generate up to IDR 1.5 trillion in income for durian-producing districts in Indonesia, potentially leading to economic equality. This potential was discussed during Pandjaitan's recent visit to China. He stressed the importance of producing high-quality durian for export, a process that can take up to four years, and mentioned that 100 hectares of durian plantation have been established in several locations in Indonesia.

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Original content

Jakarta, CNBC Indonesia - The Coordinating Ministry for Maritime Affairs and Investment (Kemenko Marves) revealed that China imported durian fruit reaching US$ 7-8 billion, equivalent to Rp. 115-131.5 trillion (assuming an exchange rate of Rp. 16,437 per US$). Regarding this, Coordinating Minister for Maritime Affairs and Fisheries Luhut Binsar Pandjaitan said that durian exports to China could provide income to durian producing districts of up to IDR 1.5 trillion per year. "Perhaps it's strange about durian, they (China) import US$ 7-8 billion. If you imagine one area in Indonesia, a district for example, the products are only 80 thousand-100 thousand, importing US$ 100 million of durian to China, per "That year, IDR 1.5 trillion. That also creates economic equality too, so don't take it lightly," he said on his official Instagram account @luhut.pandjaitan, quoted Wednesday (26/6/2024). This export-import cooperation was discussed when Luhut visited China two weeks ago. He said ...

Source: Cnbcindonesia