Key insights and market outlook
Indonesia plans to export 1 million tons of rice this year, with state-owned enterprise Bulog preparing to meet potential demand. The export plan follows directives from the Minister of Agriculture and will be coordinated through the Ministry of Trade. Bulog's CEO, Ahmad Rizal Ramdhani, stated that the company is ready to export once official assignments and inter-ministerial coordination are completed.
Indonesia is planning to export 1 million tons of rice this year, with state-owned enterprise Perum Bulog preparing to meet the potential demand. The export plan has been initiated following directives from the Minister of Agriculture. According to Bulog's CEO, Ahmad Rizal Ramdhani, the company is ready to fulfill export assignments once official coordination with relevant ministries is completed.
The export process will be coordinated through the Ministry of Trade, as they are responsible for communicating with other countries regarding trade opportunities. Bulog is awaiting further information from the Ministry of Trade to determine the specific countries that will be involved in the rice export plan.
This export plan represents a strategic move to optimize Indonesia's rice supply while supporting the country's agricultural sector. The decision to export rice comes as Indonesia continues to manage its agricultural output and balance domestic supply with international demand.
Rice Export Plan Announcement
Bulog Export Preparation