Indonesian Political, Business & Finance News

Indonesia's Cocoa Exports Grow Positively Amid Global Supply Constraints

| Source: ANTARA_ID Translated from Indonesian | Trade
Indonesia's Cocoa Exports Grow Positively Amid Global Supply Constraints
Image: ANTARA_ID

Statistics Indonesia (BPS) noted that Indonesia’s cocoa export value reached 3.5 billion US dollars throughout 2025, a 36 percent increase compared to the previous year, driven by rising global cocoa prices and sustained strong international demand.

Rini Satriani, Head of the Indonesia Eximbank Institute, explained that although export volume saw a slight decline of around 2 percent in 2025, the value increased significantly due to a 6 percent rise in average global cocoa prices. “The price increase occurred amid limited global cocoa supply, keeping commodity prices at a relatively high level. This condition has boosted Indonesia’s export performance, which is dominated by value-added processed products,” she said in Jakarta on Thursday.

Cocoa butter and fat (HS 180400) remained the primary export product, contributing approximately 62 percent of total national cocoa exports, valued at 2.2 billion US dollars throughout 2025. Rini added that the growth in export value reflects the expanding domestic processing industry, noting that the export structure no longer relies on raw materials but on processed goods such as cocoa butter, cocoa powder, and cocoa paste. “This demonstrates the increasing competitiveness of the national cocoa industry while providing greater economic value for Indonesia,” she stated.

Regarding destination markets, the United States and India were the main destinations for Indonesian cocoa exports in 2025, with nearly balanced export values of 619 million US dollars and 618 million US dollars respectively, each accounting for about 17 percent of total national exports. China ranked third with an export value of 446 million US dollars and a 12 percent share. These three main markets also recorded significant growth, with exports rising 141 percent to the US, 196 percent to India, and 105 percent to China.

In global trade, Indonesia is ranked 12th as a world cocoa exporter with a market share of around 3 percent, valued at 2.6 billion US dollars in 2024. Global cocoa exports are still dominated by Germany, the Netherlands, and Ivory Coast. The International Trade Centre (ITC) estimates there is approximately 1 billion US dollars in untapped export potential, particularly in the US, Singapore, and Malaysian markets. The potential for increasing Indonesian cocoa exports is supported by strengthening global cocoa prices, sustained high international demand amid limited supply, downstream processing into cocoa products, and relatively stable domestic processing industry performance.

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