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The economy relies on foreign exchange generated by international trade, remittances, and the tourism sector.
Indonesia’s abundant forests provide primary raw materials for its growing export-oriented wood processing industry.
In November, two category four hurricanes made landfall in Central America. Both reached Guatemala as tropical depressions and had a severe impact on agricultural production.
Rice area and production for 2019/20 are increased based on the latest data from the National Statistics Agency (BPS).
Weaker demand due to COVID-19 has reduced palm oil exports by 2 million tons.
This report updates the 2019 Agricultural Biotechnology Annual Report.
Guatemala´s regulation allowing applications to approve biotech seeds for cultivation entered into force on October 1, 2019.
Indonesia cotton consumption for 2019/20 has declined to a 10-year low of 2.4 million bales due to weaker domestic and overseas demand related to COVID-19.
Indonesia’s recently booming coffee and café industry continues to suffer as a result of weaker demand related to COVID-19.
The USDA-sponsored “U.S.–Indonesia Dairy Roundtable” event, held in Jakarta on September 30, 2019, has delivered record results for U.S. dairy exports.
The United States will export a record volume of dairy products to Indonesia in 2020 and is on track to reach a record value exceeding $300 million.
Indonesia’s once booming textile and garment industries have faced enormous challenges as a result of the COVID-19 pandemic.