Indonesia is the world’s largest producer of the South Sea Pearl with 43 percent of the world supply, the Indonesia News Agency (ANTARA) quoted Minister of Marine Affairs and Fisheries Sharif C. Sutardjo as saying.

The country ranks ninth trade value with an annual export turnover of 29.4 million USD or 2.07 percent of the total value of the world’s pearl exports, which reach 1.4 billion USD, the minister said.

He, however, said despite great maritime potential, Indonesia’s pearl trade value is still less than those of Chinese Hong Kong, China, Japan, Australia, Tahiti, the United States, Switzerland and Britain.

Sharif said the Ministry of Maritime Affairs and Fisheries (MMAF) has completed six development projects, including the oyster broodstock centre development in Karang Asem, Bali and the establishment of the Non-consumptive Product Development Directorate under the MMAF’s Directorate General of Processing and Marketing of Fishery Products.

Indonesia is a producer of South Sea pearls Pearl derived of Pinctada Maxima shells both naturally or cultured.

The cultivation centres of Pinctada Maxima in Indonesia spread in a number areas, such as Lampung, Bali, West Nusa Tenggara, East Nusa Tenggara, North Sulawesi, Southeast Sulawesi, Central Sulawesi, Gorontalo, Maluku, North Maluku and West Papua .

Pearl is one of the leading commodities of Indonesia’s marine and fisheries sector. It is proven by the market’s increasing demand and the year-to-year increasing price of pearl.-VNA