Wednesday, May 1, 2024

Indonesia eyes $2 billion revenue from spices, herbs exports by 2024

Indonesia’s export values for processed and fresh spices and herbs reached $1.02 billion in 2020, increasing by 24.3 per cent from the previous year.

• August 15, 2022
Indonesian herbs

Indonesia is targeting $2 billion from exports of spices and herbs and a total of 4,000 Indonesian restaurants abroad by 2024 to boost the country’s culinary industry.

Indonesian Industry Minister, Agus Gumiwang Kartasasmita, said in a statement on Monday that Indonesia was currently intensifying the promotion and marketing efforts for its seasoning products or processed foods and spices through the program named “Indonesia Spice Up The World.”

“Indonesia has been widely known as a tropical country with fertile soil, making it an ideal place for growing spices.

“We have a variety of spices and speciality food products with authentic flavours. This programme is one of our efforts to globally widen our marketplace for spices,” the minister said.

According to the data from the Trade Ministry, Indonesia’s export values for processed and fresh spices and herbs reached $1.02 billion in 2020, increasing by 24.3 per cent from the previous year.

The United States has become the biggest market for Indonesia’s spice and culinary sales, constituting 20 to 25 per cent of the value.

The minister said there had been a total of 1,177 Indonesian restaurants globally, and that is not enough to bolster the popularity of the country’s culinary industry. 

(Xinhua/NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Troops

NationWide

MNJTF working to eliminate Boko Haram, ISWAP in Lake Chad: Official

He urged the public not to panic by the troops’ movements but to offer support to them to eradicate the terrorists.

Olubunmi Tunji-Ojo, Bola Tinubu and Mohammed Idris

NationWide

Tinubu congratulates information, interior ministers on birthdays

The President said the minister has brought finesse and immense experience to his role as Nigeria’s image maker.

Governor Dauda Lawal

States

Zamfara govt. to deal with workers receiving multiple salaries

He advised them to support the present administration in its determination to sanitise the state civil service.

NLC TUC

States

Anambra labour unions call for establishment of civil, judicial service commissions for workers’ rights

They also called for the appointment of a special adviser on labour matters in the state.

Centre for the Promotion of Private Enterprises (CPPE)

Economy

Frequent changes in customs duty exchange rate bad for business: CPPE

“It is extremely difficult for investors to plan under these unstable circumstances.”

Anambra Sports Development Commission

States

756 schools to compete in Anambra sports festival

He said the festival, which would be held between May 2 and June 7, would be bigger and better than the 2023 edition.