In 2019 Indonesia sold 3,682 tonnes of soya beans. For the year 2019 alone, the market for Indonesia soya beans (cereals/grains category) has climbed, flactuating by 79.173 per cent compared to the year 2018. Between 2017 and 2019, soya beans' exports grew by 149.97% earning the country US$1.12m for the year 2019. Indonesia's soya beans exports are categorised as:
- Soya bean seed, for sowing (HS code 120110)
- Soya beans, whether or not broken (HS code 120100)
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
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Indonesia kacang kedelai export values
In 2019, Indonesia sold soya beans worth 1.12m USD, an improvement of 139.83% from 2018's total soya beans export of 0.467m USD. The annual growth in value of Indonesia soya beans between 2017 to 2018 was 83.858 pc.
The annual change in the volume of Indonesia's soya beans exports between 2017 and 2019 was 149.97 percent in comparison to a variation of 79.173% in the period between 2018 and 2019.
Indonesia's share of the world's total soya beans' exports in 2019 was less than 1%. The country holds number 15 in world exports of soya beans.
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Export markets for Indonesia kacang kedelai ( in '000$ )
Indonesia's leading export markets for soya beans are Saudi Arabia, India, Nigeria, Timor-Leste and Malaysia.
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Import/Export Trends
Indonesia is a net exporter of soya beans. The annual growth of Indonesia soya beans in value between 2015 to 2019 was 26%, per year, while annual growth in quantity during the same period was 33%, per annum.
Indonesia procured 2,670,086 tonnes of soya beans in 2019.
Production
The production of soya beans in Indonesia was 2,820,000 tonnes in 2019 and is predicted to change by an average of -1.42%.
The country had approximately 1,860,000.00 hectares under soya beans cultivation.
