Indonesian Political, Business & Finance News

Indonesia targets CPO to frozen shrimp to expand exports to Morocco

| Source: ANTARA_ID Translated from Indonesian | Trade
Indonesia targets CPO to frozen shrimp to expand exports to Morocco
Image: ANTARA_ID

Deputy Trade Minister Dyah Roro Esti has identified a number of Indonesia’s leading commodities that could boost exports to Morocco, ranging from crude palm oil (CPO) and its processed products to frozen shrimp.

Roro said these commodities still have unrealised export potential in the Moroccan market.

“Indonesia has significant export potential that has not yet been realised to Morocco for products such as anhydrous ammonia, crude and processed palm oil, semi-finished iron and steel, and frozen shrimp,” Roro said in a statement in Jakarta on Friday.

In addition to these commodities, Roro said Indonesia also has the potential to expand exports of a number of other products as trade relations between the two countries strengthen.

On the other hand, Morocco plays an important role for Indonesia in supplying a number of strategic products, especially fertiliser and aluminium.

Roro said strengthening market access is one of the reasons the government is pushing to accelerate negotiations on the Indonesia-Morocco Trade Agreement.

Indonesia is targeting the trade agreement to be concluded comprehensively by 2027.

In a follow-up meeting on bilateral economic and trade relations between Indonesia and Morocco with the Deputy Minister of Foreign Affairs for Foreign Trade of the Kingdom of Morocco, Omar Hejira, held online on Thursday (27/8/2026), Roro assessed that the reactivation of negotiations is an important momentum to expand the economic benefits of both countries.

“Indonesia is ready to work constructively with Morocco to accelerate this negotiation process. This momentum must be seen as an opportunity for both countries to translate strong political relations into real and sustainable economic benefits,” she said.

According to Roro, the negotiation process will be directed at preparing a realistic work schedule, continuing negotiations based on the available draft text, and establishing balanced and mutually beneficial market access ambitions.

She assessed that Morocco has a strategic position as a gateway for Indonesian products to the African, European and Mediterranean markets. Conversely, Indonesia can serve as an entry point for Moroccan products to reach the ASEAN market and the Indo-Pacific region.

In 2025, the total value of Indonesia-Morocco trade reached US$235 million, surging 33 percent from the previous year.

This upward trend continued in the first five months of 2026 (January-May period) with growth reaching 37 percent year-on-year, touching a value of US$180 million.

Indonesia’s exports to Morocco in 2025 reached US$154.9 million, with main exports including coffee, new pneumatic tyres, animal and vegetable fats and oils, margarine and processed foods, and coal.

Meanwhile, Indonesia’s imports from Morocco in 2025 amounted to US$80.1 million, with main commodities including mineral or chemical fertilisers, phosphate fertilisers, raw aluminium, and women’s clothing.

From 2021 to 2025, Indonesia’s export trend to Morocco recorded a positive value of 4.95 percent, and Morocco was Indonesia’s 74th export destination country.

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