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Indonesia, the largest economy in Southeast Asia, was the 11th largest market for U.S. agricultural exports in 2021 valued at $24.5 billion. Indonesia is party to 14 Free Trade Agreements (FTA), creating tough competition for U.S. agricultural exports. Indonesia’s major FTA partners (i.e., Australia, New Zealand, China, etc.) also benefit from proximity.
After a lengthy interagency review, Indonesia’s Ministry of Agriculture released updated oil palm area data, significantly increasing overall plantation hectares.
This report supplements information provided in the 2019 Indonesia FAIRS Country Report and updates the 2018 Indonesian FAIRS Export Certificate Report.