The Ministry of Trade Conducts Diversification of Indonesian Spices to Increase Exports

Published 2020년 7월 2일

Tridge summary

The Ministry of Trade in Indonesia is working to diversify and increase the export of the country's spices on a global scale. This comes as spices continue to be a rapidly growing market, particularly with the increase in the food and beverage, restaurant, and cosmetics industries. However, there are several challenges to spice exports, including the closure of laboratories for quality testing, closed international commercial airports, and reduced demand due to quarantines and lockdowns. To strengthen exports, the government is focusing on increasing promotion, penetration, and development of commodities. Indonesia is currently the 6th largest exporter of spices with a market share of 6.03 percent. In the first four months of 2020, the export value of spices from Indonesia reached USD 218.69 million, marking a 19.28% increase compared to the same period the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Pertanianku - The Ministry of Trade through the Directorate General of National Export Development made a breakthrough in the form of diversification of Indonesian spices to increase exports of Indonesian spices on the world market. Spice is one of the promising commodities because the market continues to grow rapidly. This was said by the Director General of National Export Development, Kasan. "The government continues to make various breakthroughs to increase spice exports in the new normal life order at this time. Spice is a promising export commodity because the market continues to grow. This is in line with the increasing food and beverage industry, the restaurant industry, and the world cosmetics industry, "said Kasan as quoted from the website kemendag.go.id. Sales of spices continue to stretch, especially in the midst of the Covid-19 pandemic. Many people choose to naturally increase their endurance with spices. However, export activities currently have several obstacles ...
Source: Pertanianku

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