JAKARTA – Exports of fats and vegetable/animal oils in this October 2014 significantly increasing as 29,7% MoM and 36,9% YoY.
The increasing, stated Ministry of Trading, on Wednesday (03/12/2014) driven by some factors such are zero percent of CPO export tax since October 2014, and the increasing demands from India and China.
Besides, exporting to emerging markets also significantly increasing that are from Australia (36,2% MoM amd 10,8% YoY), United Arab Emirates (UAE) (30,1% MoM and 57,5% YoY), Egypt (56,1% MoM and 179,6% YoY) and Saudi Arabia (9,4% MoM and 37,8% YoY).
The increasing exporting to UAE triggered by export of CPO, jewelry, and automotive products,” said Trading Ministry od Republic of Indonesia. (T3)
