JAKARTA – Based on the data from Indonesian Palm Oil Businessmen Association (IPOBA), the total CPO and derivative export from Indonesia in 2014 just 21,76 millions of tons or they increased 2,5% than the exports in 2013, which reaching 31,5 millions of tons (including biodiesel and oleochemical). But the production increased 5% than it in last year which was 30 millions of tons.

In 2014, the biggest export countries from Indonesia were India, Ueropean Union and China. “The exports to India in 2014 reached 5,1 millions of tons or it decreased 17% than it in last year which reaching 6,1 millions of tons,” Executive Director IPOBA, Fadhil Hasan said in the press release which InfoSAWIT accepted some time ago.

He thought, the decreasing export to India happened for some factors, such as, the slow progress of economical growth in India because of high inflation in the country, the decreasing currency of rupee to US dollar in the middle to the end of last year. India also increased (crude palm oil) vegetable import tax from 2,5% to be 7,5%, and the refined oil from 7,5% to be 15%.

The Indonesian exports to China in 2014 just reached 2,43 millions of tons or decreased 9% than the exports in 2013 which reaching 2,67 millions of tons.

“The decreasing exports to China also happened for the economical reason – China had slowly progress, the banks’ did not realy trust the traders so they got loans difficult. China also run the standard regulation requirements on the pesticide residu. The other is that the high stock of soybean oil,” he said.  (T3)