The coconut commodity contributes quite a lot as a source of foreign exchange from the export side. Currently coconut is ranked 4th as a foreign exchange earner after palm oil, rubber and cocoa.
Referring to BPS data, in the second quarter of 2020, Indonesia’s coconut exports amounted to 988.3 thousand tons or US$ 519.2 million. This export volume figure was recorded to have increased by 16% and 17% in terms of export value compared to the same period in 2019.
Director General of Plantations, Kasdi Subagyono, stated that through this coconut FGD, the focus was not only on the added value of coconut products, but on how to find a market and increase market access.
“For this reason, we invited representatives from ITPC Chennai India and ITPC Shanghai China to discuss market potential and obstacles to the export of Indonesian coconut products, especially during the COVID-19 pandemic, because China and India are the 2 largest export destinations for Indonesian coconut,” he said in a written statement, Tuesday (29/9/2020).
He further explained that the Directorate General of Plantations continues to make efforts to accelerate the increase in exports 3 times (Gratieks) through increased production, added value and competitiveness (Grasida). Of course this is by prioritizing the strengthening of farmer groups based on farmer corporations in development areas.
Source: https://finance.detik.com