Indonesia is one of the top ten agricultural export markets of the United States

Introduction: Dow Jones, Chicago, January 28: Indonesia is one of the top ten export markets of agricultural products in the United States, according to a report released on January 25 on the website of the Overseas Agricultural Service Bureau of the United States Department of agriculture Indonesia is an archipelago country with a population of more than 200 million, ranking fourth in the world According to the agricultural counsellor, from 1970 to 1996, Indonesia's GDP grew by an average of 7% per year, and its per capita output increased by 10 times In 1996, the United States exported more than $3.4 billion to Indonesia, including nearly $900 million in agricultural and forestry products The total export of agricultural products increased by 100% compared with us $420 million in 1994 Due to the rapid growth of trade between Indonesia and the United States, the U.S Department of Commerce will call Indonesia "a big market rising at sea", and the Overseas Agricultural Service Bureau of the Ministry of agriculture has set up a trade office in Jakarta Since the end of 1997, Indonesia's economy began to decline sharply, resulting in a 13% drop in GDP in 1998 This severe economic contraction, coupled with the severe natural disasters brought about by the El Ni? O climate and the political turmoil in 1997 / 98, has transformed Indonesia from a "rising market on the sea" into the world's largest country in need of food and humanitarian assistance Agricultural and forestry products from the United States to Indonesia also fell, to $811 million in 1997 and $489 million in 1998 In 1999, Indonesia's economy began to recover, and U.S exports rebounded accordingly In 1999, Indonesia's GDP was flat compared with the previous year, with an increase of 4.8% in 2000 and an expected increase of 3.3% in 2001 During this period, US agricultural exports to Indonesia rose to US $571 million in 1999, US $720 million in 2000 and US $1 billion in 2001 This will make Indonesia once again the top ten agricultural export markets of the United States USDA export projects play a key role in export growth, especially the gsm-102 credit guarantee project and pl-480 and 416 (b) food aid projects Although Indonesia's economy has recovered, it still faces many problems in order to achieve long-term and stable development The most serious problems include the weakened banking system, a large number of public and private debts, exchange rate fluctuations, stubborn corruption and political instability On the optimistic side, Indonesia's political system has undergone fundamental changes, making Indonesia the third largest democracy in the world, which is the first step towards economic reform Indonesia's overall economic outlook is slow and sustained growth, and U.S agricultural exports are also expected to rise moderately and steadily on the basis of $1 billion in trade volume in 2001 Market opportunity Indonesia's relative age of 200 million people is younger, with more than half of the population younger than 25 years old Nearly 60% of the population lives in Java, accounting for 60% to 65% of mobile fast consumers Java has the best infrastructure, although cities in Sumatra, Bali and Sulawesi are still developing Indonesia's upper middle class is estimated to account for 20% of the population, or 40 million That's about half of what it was before the economic crisis, when 78 million people were middle and upper income Most of these people live in cities, including those on the island of Java: Jakarta, with a population of 11 million; Surabaya, with a population of 3 million; Bandung, with a population of 1 million; and Semarang, with a population of 1 million Sumatra: Medan, population 2 million; and Palembang, population 1 million Sulawesi: (Ujung Pandang, population 1.5 million; Manado 1 million; Bali, population 3 million In the past 10 years, more and more people have been studying abroad and traveling in Indonesia International TV channels have also been broadcast to the public Large modern shopping centers can be found everywhere (there are about 20 modern shopping centers in Jakarta) International chain hotels and restaurants have been expanding There are a large number of residents in western countries in the city The tourism industry is growing rapidly Indonesian people's ideas Gradually become more liberal and westernized During the holiday period, the consumption of residents increased, which is the peak of economic growth The most important festivals in Indonesia are Ramadhan, a month long Muslim Ramadan, during which food sales have increased substantially; lebaran, or IDU fitri, Muslims celebrate the end of Ramadan; and the Chinese Lunar New Year During the festival, Indonesian people consume a lot of flour, sugar, eggs, poultry, meat, cheese, cake, cookies, pastries and dry and fresh fruits Although less than 10% of the population celebrate Christmas, shops also use the festival to dress up and promote holiday foods, such as special fruits, candy and pastries Other western festivals, such as Valentine's day and independence day in the United States, have also made high-end restaurants in Indonesia very popular Indonesians are price sensitive and vulnerable to economic fluctuations, as the mainstream of consumption is the low-income class Although Indonesians traditionally focus on the brand, there are signs that the current Indonesian focus more on "brand image" More women are joining the ranks and choosing to continue working after marriage and childbirth Because there is no time for shopping and cooking, they pay more attention to convenience The ownership rate of household appliances is low For example, in Jakarta, only 43% of households have refrigerators, 27% have natural gas stoves and 10% have microwave ovens (author:) share to feed Weibo share to: