Indonesia
INDONESIA’S PALM OIL EXPORT JUMPS DOUBLE DIGITS TO $11.43 BILLION
Indonesia witnessed a double-digit rise in its palm oil exports in the first half of 2025, official statistics showed Friday as Jakarta unlocked greater market access to the European Union (EU). The Central Statistics Agency (BPS) announced that Indonesia’s exports of crude palm oil (CPO) and its derivatives had surged 24.81 percent year-on-year (yoy) in the first half of 2025. The exports had totaled $11.43 billion, up from $9.16 billion the previous year. Southeast Asia’s largest economy had shipped around 11 million tons of palm oil over the said six month period, up by 2.69 percent yoy. Indonesia had been selling its palm oil at an average price of $1,053.03 per ton so far this year as of June, an increase of 22.21 percent yoy. The price used to stand at around $861.65 per ton in the first six months of 2024. The latest trade figures came not long after the government announced that the EU had grown more lax on Indonesian palm oil albeit the bloc's deforestation concerns. According to senior minister Airlangga Hartarto, the EU has agreed to eliminate its tariffs on Indonesian palm oil as part of an upcoming trade pact.Source : https://jakartaglobe.id/business/indonesias-palm-oil-export-jumps-double-digits-to-1143-billion (ICE GIACARTA)
Fonte notizia: Jakarta Globe, 01/08/2025
