In 2019 Indonesia sold 2,769 tonnes of peanut (groundnuts). Across 2019 alone, the market for Indonesia peanut (groundnuts) (nuts and oil seeds category) has gone down, changing by -11.449 % compared to the year 2018. Between 2017 and 2019, peanut (groundnuts)'s exports went down by -13.14 percent earning Indonesia US$8.22m for the year 2019. Indonesia's peanut (groundnuts) exports are categorised as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
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Indonesia kacang (kacang tanah) export values
In 2019, Indonesia sold peanut (groundnuts) costing 8.22m USD, a contraction of -17.59% from 2018's total peanut (groundnuts) export of 9.975m USD. The annual reduction in value of Indonesia peanut (groundnuts) between 2017 to 2018 was -6.531 per cent.
The annual change in the volume of Indonesia's peanut (groundnuts) exports between 2017 and 2019 was -13.14 percent in comparison to a variation of -11.449% in the period between 2018 and 2019.
Indonesia's stake of the world's total peanut (groundnuts)'s exports in 2019 was less than 1%. Indonesia is ranked position 25 in world exports of peanut (groundnuts).
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Export markets for Indonesia kacang (kacang tanah) ( in '000$ )
Indonesia's top export markets for peanut (groundnuts) are Malaysia, Australia, US, South Korea and Singapore.
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Import/Export Trends
Indonesia is a net importer of peanut (groundnuts). The annual growth of Indonesia peanut (groundnuts) in value between 2015 to 2019 was 13%, per annum, while annual growth in quantity through the same period was 17%, per annum.
Indonesia procured 3,126 tonnes of peanut (groundnuts) in 2019.
Production
The production of peanut (groundnuts) in Indonesia was 276,452 tonnes in 2019 and is estimated to change by an average of -26.25%.
The country had an estimated 267,295.00 hectares under peanut (groundnuts) cultivation.
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