Capai Exports IDR 88.9 Trillion, Fisheries Trade Neraca Surflus 5 BILLION US Dollars

Illustration (Photo: Doc. Antara)

The Ministry of Maritime Affairs and Fisheries (KKP) reported that exports of fishery products grew 10.6 percent year on year (yoy) to 5.71 billion US dollars or equivalent to Rp. 88.9 trillion (exchange rate of Rp. 15,572). This figure is a recapitulation calculated from January to November this year.

Plt. Director General of Strengthening the Competitiveness of Marine and Fishery Products (PDSPKP) Ishartini added, at the same time the importation of fishery products was recorded at US $ 640 million.

"This means that we are still in the trade balance surplus of fishery products amounting to 5 billion US dollars," he said in a press statement quoted on Friday, December 30.

According to Ishartini, Indonesia's main export commodities include shrimp with a value of 1.9 billion US dollars, tuna 865 million US dollars, squid/sotong/gurita 657 million US dollars, and crab/piting 450 million US dollars.

The dynamics of global conditions such as the Russia-Ukraine war has had a profound impact on Indonesian fishery exports. However, the KKP continues to maintain market share in major export destination countries and is starting to explore prospective destinations in the East," he said.

Ishartini added that a number of developments in cooperation with various countries also had a positive impact on the trade in Indonesian fishery products.

"The government continues to promote and develop Indonesian fishery products at various exhibitions and international meetings," he added.

He also revealed that the achievement of fishery export value is estimated to grow 8.8 percent with a value of 6.2 billion US dollars until December 2022.

"This existing export also has a positive impact on investment interests in the marine and fisheries sector," he concluded.