UI Akadimisi: Agricultural Exports Potentially Increase Sharply

Published 2020년 6월 4일

Tridge summary

Researchers at the University of Indonesia's Riyanto Faculty of Economics and Business forecast a significant increase in agricultural exports as the global market recovers from the Covid-19 pandemic. This recovery is anticipated to benefit various agricultural commodities, including plantation products, rice, processed coffee, and livestock. However, the pandemic has negatively impacted coffee exports to America and Europe. To mitigate this, the Ministry of Agriculture and the agro industry are encouraged to strive for a 30% increase in exports. Preliminary data shows an 12.66% increase in agricultural exports year-on-year, contributing to a total export value of 53.95 billion USD.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

REPUBLIKA.CO.ID, JAKARTA - Researchers at the University of Indonesia (UI) Riyanto Faculty of Economics and Business (LPEM) Faculty of Economics and Business (UI) Riyanto, assess agricultural export traffic has the potential to increase sharply, especially when the world export market begins to recover from Covid pandemic 19. According to him, the momentum must be well prepared by the Ministry of Agriculture (Ministry of Agriculture). "Later when the export market returns, I am very optimistic that the value of our agricultural exports can be much more increased than it is now. Especially when other sectors are weakening, the agriculture sector has shown a positive increase," Riyanto said, Thursday (6/4). Riyanto said that the increase in exports was also expected to be evenly distributed from the plantation commodity sub-sector to other commodities such as rice, coffee processed products and the livestock subsector. "Other commodities such as coffee, tea, pepper, etc. can ...

Source: Republika