In January-February 2025, Indonesia's export value of in-shell coconuts reached USD 30.8 million (approximately IDR 5.17 trillion), with export volume of 71,077 tons, mainly destined for China and Vietnam. Among them, exports of in-shell coconuts to China reached 68,065 tons, valued at USD 29.5 million; exports to Vietnam were 2,180 tons, to Thailand 550 tons, and to Malaysia 280 tons. Indonesia's export volume of in-shell coconuts has fluctuated in the past four years. It was 431,841 tons in 2021, dropped to 288,286 tons in 2022, rebounded to 380,883 tons in 2023, and reached 431,915 tons in 2024, slightly higher than in 2021. Recently, coconut prices in Indonesia have risen sharply, for example, the price of shredded coconut increased from around IDR 10,000 per piece to IDR 25,000. Traders attribute this to supply competition, as a large number of coconuts are exported to China. The Minister of Trade stated that the limited domestic supply of in-shell coconuts is due to high export demand, leading to a price increase of up to 50% in the domestic market. To stabilize domestic coconut supply, the Ministry of Industry has proposed temporarily suspending or delaying exports of in-shell coconuts (implementing an export ban for 3-6 months), arguing that a coconut management policy needs to be formulated as soon as possible, as raw material shortages have already impacted industrial activities and employment.
In January-February 2025, Indonesia's export value of in-shell coconuts reached USD 30.8 million (approximately IDR 5.17 trillion), with export volume of 71,077 tons, mainly destined for China and Vietnam. Among them, exports of in-shell coconuts to China reached 68,065 tons, valued at USD 29.5 million; exports to Vietnam were 2,180 tons, to Thailand 550 tons, and to Malaysia 280 tons. Indonesia's export volume of in-shell coconuts has fluctuated in the past four years. It was 431,841 tons in 2021, dropped to 288,286 tons in 2022, rebounded to 380,883 tons in 2023, and reached 431,915 tons in 2024, slightly higher than in 2021. Recently, coconut prices in Indonesia have risen sharply, for example, the price of shredded coconut increased from around IDR 10,000 per piece to IDR 25,000. Traders attribute this to supply competition, as a large number of coconuts are exported to China. The Minister of Trade stated that the limited domestic supply of in-shell coconuts is due to high export demand, leading to a price increase of up to 50% in the domestic market. To stabilize domestic coconut supply, the Ministry of Industry has proposed temporarily suspending or delaying exports of in-shell coconuts (implementing an export ban for 3-6 months), arguing that a coconut management policy needs to be formulated as soon as possible, as raw material shortages have already impacted industrial activities and employment.