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Indonesia Fishery Sector- Seafood

IndonesiaIn 2014, the Indonesian

government revised its target of export for fishery products from

5.65 billion USD to 5.1 billion USD.

The government took such move because

numerous export markets, including Europe and the United States, continue to experience complications on their way towards economic retrieval. Therefore, these markets are reducing demand for seafood Indonesia.

seafood Indonesia.

Even if the target was revised, the new one is

still higher than the realization of export in 2013 when 4.2 billion USD worth of fishery foodstuffs were exported from the country.

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The Indonesian

government estimated that the national production of fishery for this year will hit 20.95 million tons. In this target, 6.08 million accounted for captured fish while 13.97 million came from the aquaculture sector. 

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In 2014, the government set the GDP growth rate of fishery at 7.25 percent and estimated the domestic consumption of seafood Indonesia at 38 kilogram per person annually.

seafood Indonesia

Among the best seafood Jakarta, the shrimp

is the most fishery product exported from Indonesia. However, the worldwide production of shrimp is expected to decline and the national government hopes that the domestic production of shrimp in the country can be improved to supply worldwide demand. 

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The crab is another significant asset in the

fishery export of the country. The crab exported is the portunus pelagicus and the value of its exports last year reached USD $190 million while the tuna exports reached a value of USD $115 million.

The crab exported