Imports of Arecanut From Indonesia Grew in FY23
Indonesia was the top areca nuts exporter in the world followed by Thailand, Sri Lanka, and Singapore. But over the years, there is a rise in imports of areca nuts by Indonesia. Around 220% year on year rise in imports of areca nuts by Indonesia. Indonesia import data suggests that around 1.5 million dollars of areca nut imports in 2021 with over 0.53% share of total Indonesian imports. It was noted that areca nut exports from Pakistan have increased to Indonesia. Around 53% share of total areca nuts exports were reported from Pakistan to India. Other major import markets were Cambodia, Vietnam and Singapore. As per the Indonesia import export data reports, Indonesia's areca nuts exports were estimated around 215 million dollars in the financial year 2021. The share of Areca nuts exports from Indonesia was around 62%. There was around 4.7% year on year increase in areca nuts exports. The top markets for Indonesian exports were Thailand, Pakistan, Iran, Bangladesh, India, China,...