Indonesia ranks fourth in ASEAN for food and beverage exports with $6.25 billion
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- Indonesia's food and beverage exports reached US$6.25 billion, ranking it fourth in ASEAN.
- The government aims to boost these exports by leveraging trade networks and growing demand for halal products.
- Thailand leads ASEAN with US$17 billion in F&B exports, followed by Vietnam and Singapore.
Indonesia's food and beverage exports have reached US$6.25 billion, positioning the nation as the fourth-largest exporter within the ASEAN region, according to Deputy Trade Minister Dyah Roro Esti.
Esti highlighted that this figure represents significant potential for growth. The government is actively encouraging Indonesian F&B businesses to expand into international markets, utilizing the country's established trade networks abroad. "Currently, our F&B exports stand at US$6.25 billion. Compared with other countries, we rank fourth among ASEAN countries," Esti stated.
Currently, our F&B exports stand at US$6.25 billion. Compared with other countries, we rank fourth among ASEAN countries.
Thailand leads the regional market with US$17 billion in F&B exports, followed by Vietnam at US$8.8 billion and Singapore at US$6.5 billion. Indonesia sees a particular opportunity in the growing global demand for halal products, especially in the Middle East.
The Trade Ministry plans to support export-ready businesses by connecting them with overseas markets through its network of trade representatives, including trade attachรฉs and Indonesia Trade Promotion Centers (ITPCs) located in 33 countries. "We can facilitate businesses, particularly those in the F&B sector, in entering international markets through the network we have," Esti added. The growing presence of Indonesian businesses and restaurants abroad, along with the country's diaspora, also presents potential markets for domestic F&B products.
We can facilitate businesses, particularly those in the F&B sector, in entering international markets through the network we have.
Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.