REPUBLIKA.CO.ID, JAKARTA - Until September 2013, Indonesia enjoyed a surplus of 13.02 billion USD from agricultural trade, Agriculture Minister Suswono said earlier this week. Palm oil, rubber, and coffee contribute the most to agriculture trade in that period.
He noted that during the period, the country's agricultural exports reached 22.20 billion USD, while its imports were recorded at 9.17 billion USD.
"The surplus in the balance of agricultural trade is chiefly contributed by the plantation sub-sector, reaching 19.44 billion USD," he added while presenting the food and agriculture outlook for 2014 and reflection of 2013.
Palm oil is the main commodity that recorded the biggest surplus and contributed up to 12.6 billion USD worth of foreign exchange, followed by rubber 5.26 billion USD, coffee 917.8 million USD, cocoa 794.7 million USD, coconuts 509.1 million USD, and pineapples 110.7 million USD, he emphasized. Meanwhile, the other key export commodities include corn, processed nuts, processed soybeans, green nuts, processed cassava, fresh cabbage, mushrooms, chili, ginger, and live pigs.
Suswono added that the other agriculture sub-sectors such as, food crops, horticulture, and animal husbandry still suffered a deficit in exports. In the food crops sub-sector, Indonesia suffered a deficit of 3.8 billion USD with its exports reaching only 104.5 million USD, while its imports totaled 3.97 billion USD, he remarked.
In the animal husbandry sub-sector, the country experienced a deficit of 1.66 billion USD this year, with imports recorded at 2.06 billion USD and exports at only 401.7 million USD. Meanwhile, the deficit in the horticulture sub-sector was recoded at 876.9 million USD with the country's exports reaching only 303.5 million USD, while imports at 1.18 billion USD.