Indonesia is The Largest Fishery Exporter in Southeast Asia
The demand for fishery products consumption worldwide keeps growing. Today’s worldwide market is dominated by products from the fisheries sector. The significant amount of fishery products traded on the global market in 2018, totaling 130 billion US dollars, is evidence of this. In 2023, it is expected that this amount will rise to 155.32 billion US dollars.
Many countries are competing to become the top fishery exporters in order to seize this market potential, and Indonesia is continuing to get the spotlight. With a total export turnover of USD 5.2 billion in 2020, Indonesia will now be the leading fishery exporter in Southeast Asia. With about 2,191 fishery product processing units for export across the country, it boasts a robust fishery industry. How is Indonesia the largest and dominant exporter of the fisheries sector in Southeast Asia? Let’s explore further!
Why is Indonesia Southeast Asia’s Largest Fishery Exporter?
Indonesia’s fishery industry has grown significantly over the past three decades, encouraged by government regulations and driven by a fast-increasing demand for fishery products. The largest fishery exporter in Southeast Asia right now is Indonesia.
Do you know that the fact that key commodities like fish and shrimp continue to have strong demand abroad is the main development driver for Indonesia’s fisheries? As a result of its vast coastline and warm tropical climate, Indonesia has risen to become one of the top 10 countries in fishery production as a result. As a result, the nation’s fishery industry will continue to thrive due to the strong demand from international markets.
The Indonesian government has adopted the idea of “blue growth” for fisheries and aquaculture since 2014 in order to maintain the sector’s growth and prevent negative environmental effects. The measure is consistent with the 2013 introduction of the Food and Agriculture Organization’s (FAO) Blue Growth Initiative (BGI) for fisheries and aquaculture. This way, it will ensure that Indonesia, the world’s top fishery exporter, can always meet the demand for fishery products worldwide.
Why is it Important to Get the Right Potential Fishery Exporter from Indonesia?
Finding a fishery exporter who adheres to Indonesian government policies is important. Why is that so? Because of this policy’s authority to regulate the use of fishery resources in the sea while also maintaining the ecosystem, Indonesian fishery products will still be able to maintain their competitiveness in the global fishery market. These policies cover things like the accuracy of potential estimates, the distribution of permissible catches, and quotas for catching fishery products.
The ban on forbidden fishing gear is one of several significant clauses of the Regulation of the Minister of Maritime Affairs and Fishery of Indonesia (2021) that support the aforementioned policy. The dragnet group, which consists of a barbed bottom trawler, a prawn bottom trawler, a double plank trawler, a two-ship bottom trawler, a midline trawler, two boats, and a fishing trawler, is an example of fishing types of equipment that is prohibited because it may endanger Indonesian marine health and have the potential to lower the quality of fishery products. Hence, you should immediately ban any fishery exporter from your where-to-invest list that does not adhere to these specific international requirements.
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Get in touch with C-Fishery closely to obtain high-quality Indonesian fishery products that are well-known in the global fishery market. By contacting us, you will get the best offer for you right away! (Hanapus)
