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Indonesia`s fish exports forecast to rise this year

1st August 2012 | 2.219 Views
Indonesia`s fish exports forecast to rise this year
ANTARA/Novandi K. Wardana)
Jakarta (ANTARA News) - Indonesia`s exports of fishery products are forecast to reach US$4.2 billion this year after a strong growth to US$3.5 billion last year.

The export earning last year represented a 22.95 percent growth from the previous year, fisheries and maritime minister Sharif C. Sutardjo said .

"We are set to keep the growing trend this year," Sharif said last night in Surabaya, East Java.

The main countries of destination of the fish exports include the United States, to which exports were valued at US$1.07 billion and Japan to which exports were valued at US$806 million.

He told leaders of fishing companies good quality is a key factor to success in fish marketing.

He said the world demand for fishery products is expected to continue to climb opening greater opportunity for an increase in export.

China alone is predicted to need around 2 million tons of fishes next year , he cited.

He said East Java is one of potential areas to develop fishery industry , adding that province has 130 fish processing units with 119 of them already holding quality and security certificate.

The certificate is required in exporting fishes abroad. In 2011, East Java exported 341,775 tons of fish valued at US$1.31 billion.

In the first six months of the year, exports from that province were recorded at 159,415 tons valued at US$514.5 million.