Trade4go Summary
From January to September of this year, Peru experienced a remarkable surge in its value-added agricultural exports to Indonesia, with a 378.2% increase compared to the same period in the previous year, totaling $127,386,000. This growth was largely attributed to the export of raw cocoa beans, which made up 73.5% of the total exports and saw a 64.3% increase in value compared to 2023. Additionally, roasted cocoa beans, cocoa powder, cocoa paste, and tara seed mucilage also contributed to the notable growth in exports to Indonesia, with significant increases in their export values. The Association of Exporters (ADEX) has emphasized the importance of continuing collaboration with the public sector to ensure the safety of the Peruvian supply and to build on this positive trend in agricultural exports to Indonesia.
Original content
Between January and September of this year, value-added agricultural exports to Indonesia totaled $127,386,000, a figure that indicates a significant increase of 378.2% compared to the same period last year ($26,636,000), reported the Association of Exporters (ADEX). The main driver of this result was raw cocoa beans, achieving a share of 73.5% of the total and reaching $93,611,000, 64.3% more than in 2023, $25,589,000 (January and September). In terms of volume, 12,298 tons were shipped, 33.7% more than the previous year (9,197 tons). This explains that the increase in the FOB value was mainly due to a better price for cocoa. “At a global level, its price rose by around 300%. In March of last year, the ton was quoted at $2,900 and in 2024 it was around $11,500,” said the president of the ADEX Coffee and Cocoa Committee, José Mejía Polanco. After recalling that in 2023 Peru was the eighth most important global producer, and the third in Latin America, he urged the need to continue ...