Indonesia Fishery Sector- Seafood Indonesia

In 2014, the Indonesian government revised its target of export for fishery products from 5.65 billion USD to 5.1 billion USD. The government took such move because numerous export markets, including Europe and the United States, continue to experience complications on their way towards economic retrieval. Therefore, these markets are reducing demand for seafood Indonesia. Even if the target was revised, the new one is still higher than the realization of export in 2013 when 4.2 billion USD worth of fishery foodstuffs were exported from the country.

The Indonesian government estimated that the national production of fishery for this year will hit 20.95 million tons. In this target, 6.08 million accounted for captured fish while 13.97 million came from the aquaculture sector. In 2014, the government set the GDP growth rate of fishery at 7.25 percent and estimated the domestic consumption of seafood Indonesia at 38 kilogram per person annually.

Among the best seafood Jakarta, the shrimp is the most fishery product exported from Indonesia. However, the worldwide production of shrimp is expected to decline and the national government hopes that the domestic production of shrimp in the country can be improved to supply worldwide demand. The crab is another significant asset in the fishery export of the country. The crab exported is the portunus pelagicus and the value of its exports last year reached USD $190 million while the tuna exports reached a value of USD $115 million.

Even though Indonesia is the second biggest country in the world producing fishery, its exports are not impressive since the local market consume 75 percent of seafood Indonesia produced. The government uses promotional campaigns with the objective to improve export statistics by increasing foreign demand. According to the previous exhibitions and best seafood Jakarta, the oversea market is more interested in Indonesia’s crab, red snapper, and tuna.

In 2015, the ASEAN Economic Community (AEC) was implemented in order to facilitate the free flow of capital, services and good. Before this implementation, the government needed to deal with two major issues for making the country more competitive. The first issue was the infamous high costs of logistics caused by poor infrastructure. The government needed to reduce these costs. At that time, the logistic costs of the country accounted for around 25 percent of GDB. This was much higher than its peers in the region. The second issue was the need for the mid-sized and small fish producers to improve production in order to compete with the flood of oversea players. The Indonesian government hopes that these smaller producers of seafood Indonesia will continue to concentrate on supplying the local market.

In 2014, the Director General of Fishery Product Processing and Marketing (P2HP) issued a decree that lists fish products that are allowed for export to the country. The decree states that the country will import only fish species that are not available in its waters, except in the case of seasonal limitations of production and shortage. The national Ministry of Marine Affairs and Fisheries issued also new laws on fishery products and fish import policy aimed to obstruct U.S. fisheries exports. 

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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