The Indonesia food targets the Africa markets. The Indonesia export value to Africa from 2010 to 2014 hit the NT $336 billion mark annually. This record and considering the African economy, it is a significantly positive boost into the food sector. Indonesia is working on means to encourage Africans to buy Indonesian foods in the market to make big profits.
The Indonesia food in Africa market
The Jakarta Post, a daily English language newspaper in Indonesia. In a recent post published that the government will extend Indonesia’s trade laterals with African countries. In the post, the Indonesia government asking the African governments to protect. And offer assistance to Indonesian food companies that are already working in Africa.
Indofood is an example of an Indonesia Food Company operating in Africa. The company has introduced instant noodle factories that have huge customers in Kenya, Nigeria, and Morocco. The first factories in Nigeria have recorded massive success in terms of sales. The foods produced are highly popular among the locals. And this is a good sign that Indonesian foods can do well in the African market.
Many healthy African kids enjoy instant noodles
The famous instant noodles produced in Africa are twice more significant in size to the produce in Indonesia.
The Foreign Affairs Minister Salman Al Farisi in The Jakarta Post says they now have a tremendous potential market for Indonesia foods. The vast African population is looking for affordable food products to feed its highly growing population.
‘‘Families in Africa countries spend 70 percent of their total income on food on average. Thus increasing exports is important for us to do,’’
Salman told the Jakarta Post.
He further added that to enhance significant trade ties between Indonesia and Africa. There is a need to add more raw food supplies to boost the working industries in Africa. Since the famous instant noodles are purchased every day, depicting more demands in the market.
According to Salman’s 2010 to 2014 statistics, the value of Indonesia’s export products went beyond $ 10 billion. The amount of export to African countries, Nigeria and South Africa, among others, has multiplied. It becomes approximately 10 percent each year.
These are huge benefits the Indonesian food market investment in Africa targets. Without a decline in global trade activities. And taking the African market seriously, the Indonesian food market can make huge profits in Africa.
Inviting Taiwan to Invest
In the new economic downturn in China has impacted Indonesia, a great trade partner for China. The regional economists urge the government to work on potential new markets. For example, take the African market seriously and invest hugely in the food sector. Other possible worlds with possibly good market include Eastern Europe and Latin America.
The Bank of Central Asia’s top economist, David Samual, told the Indonesian government to manufacture more value-added goods. For example, electronics and collaborate with Taiwan and South Korea advanced technology to invest in Indonesia. And export the products to Africa. This move is highly advantageous as many African countries have not advanced in technology and new products, fast food will highly receive customers and bring huge profits.
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