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Indonesia is the 10th largest export destination for U.S. agricultural products. In 2018, the United States was the largest agricultural exporter to Indonesia.
Indonesia’s new Minister of Agriculture Syahrul Yasin Limpo has stated a goal of exporting 100,000 – 500,000 tons of “premium” rice in 2020.
Costa Rica’s orange production reached 295,000 MT in MY2018/2019 and is forecast to increase to 310,000 MT in MY2019/2020.
Indonesian imports of U.S. wheat reached a record high 1.73 million tons in 2018/19.
Costa Rica’s economy growth rate slowed in 2018 to 2.7 percent compared with an average rate of growth of 3.8 percent over the ten previous years.
Indonesia’s launch of B30 in January 2020 is expected to increase 2019/20 industrial consumption of palm oil to 9.2 million tons, raising total domestic consumption to a record 15.61 million tons.
Cotton imports for 2018/19 are lowered to 3.05 million bales due to competition from imported yarn and fabrics, a weak rupiah, and lower demand from export markets for garments.
Indonesia’s 2019/20 coffee exports are expected to increase by 400,000 bags based on higher production and competitive pricing for both Robusta and Aribia varieties.
Hampered by several constraints, domestic fluid milk production is expected to only marginally increase in 2019.
Costa Rica’s strong tourism sector and its well-developed hotel, restaurant, and institutional (HRI) sectors provide for excellent opportunities for U.S. food and beverage (F&B) product exports....
In 2018, Indonesia’s imports of consumer-oriented agricultural products grew to $5.9 billion, an 8.5 percent increase from the previous year.
The Indonesian food and beverage industry is comprised of over 5,000 large and medium size companies and is valued at an estimated $188 billion.