Rice exports hit record level in first 8 months of 2023
Rice exports reached a record 5.81 million tons in the first eight months of this year, a 21.4% increase over the same period of 2022. Rice export turnover in the period therefore came in at nearly 3.16 billion USD, an increase of more than 35.7%.
More than 3,300 tonnes of rice from the national reserve will be allocated to six provinces to support local people in light of the lean season in 2023.
The Indonesian Government needs to consider continuing rice imports until the year-end as the effects of El Nino will cause longer famine compared to last year, said Khudori, an agricultural expert from the Indonesia Association for Political Economy (AEPI).