Aceh′s 2011 Coffee Exports Reach US$35 Million

09 January, 2012 | Source: ANTARA News

Banda Aceh, Aceh (ANTARA News) - Coffee exports from Aceh province in the January-December 2011 period reached a total value of US$35 million and a volume of 5,000 tons.

"The realization of coffee exports to the US rose drastically in value from the previous year due to the rising price of the commodity in the world," head of the regional trade, industry, cooperatives and small businesses office, Cipta Hunai, said here on Friday.

The value of coffee exports from the region in 2010 were recorded at only US$19 million at a volume of 4.900 tons.

"There was a significant hike from the previous year," he said.

He said the US was the biggest of 15 importers of coffee from the region that include Taiwan, South Korea, New Zealand, Australia, Japan, Canada, Mexico, Ireland, Belgium, Britain and Sweden.

"In terms of value, exports in 2011 also rose drastically compared to the previous year when the figure was recorded at only US$29.7 million with the volume at 7.800 tons," he said.

Coffee from Aceh is exported by 15 exporters such as CV Aridalta Mandiri, CV Putra Darma, CV Putra Rimbun, PT Intiyeri Keti Ara and KBQ Baurryan.
 

 

President Joko Widodo (Jokowi) said Indonesia already enters years of low inflation, with inflation around 3 percent in the past two years.
President of the World Bank group, Jim Yong Kim, here on Tuesday expressed his support to the Indonesian governments plan on the tax reform program, which aimed to increase the state budgets income.
President Joko Widodo (Jokowi) plans to visit Turkey to develop partnership in strategic industry and economy with the country, Foreign minister Retno Marsudi said here on Monday at the state palace after a meeting prior to the presidents visit to Turkey and Germany.
Indonesian Foreign Minister Retno Marsudi and her Maldivian counterpart Mohamed Asim will hold a bilateral meeting in Jakarta on Wednesday (June 21) to discuss the cooperation in tourism sector.
The United Nations Food and Agriculture Organization (FAO) has praised Indonesia for its role in fighting illegal, unreported, unregulated (IUU) fishing, the Indonesian Embassy in Rome said.
Indonesias real GDP growth is projected to increase from 5.2 percent this year to 5.3 percent in 2018, according to the World Banks June 2017 Indonesia Economic Quarterly.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu