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Indonesia Considers Importing 1 Million Tons of Rice from India in 2025

by Geraldine S.
10/30/2024
in Importing & Exporting

Indonesia is evaluating a plan to import 1 million metric tons of rice from India in 2025 to ensure sufficient supply until the country’s primary harvest season, according to Coordinating Minister for Food Affairs Zulkifli Hasan. Indonesia’s rice output is projected to decrease by 2.43% this year to 30.34 million metric tons, attributed to delays in planting and harvesting due to extended dry weather in 2023, as reported by the national statistics bureau.

“We need an additional 1 million tons to sustain us through February, as production during December to February is typically lower,” stated Arief Prasetyo Adi, Head of the National Food Agency, following discussions with Minister Hasan. With a population of 280 million, rice remains a staple food in Indonesia. The primary rice harvest season typically begins in March. Over the past two years, Indonesia’s rice imports have exceeded 3 million metric tons annually.

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This year, the country aims to import up to 3.6 million tons of rice. Additionally, Indonesia plans to open 750,000 to 1 million hectares (2.47 million acres) of new rice fields in 2025 to work toward President Prabowo Subianto’s food self-reliance goals. India, the world’s largest rice exporter, recently removed the floor price for non-basmati white rice exports to boost trade in response to higher production expectations and stock surpluses following export restrictions earlier this year.

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#FoodSecurity #RiceImports #IndonesiaIndiaTrade #AgricultureNews #SupplyChainUpdate

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