Indonesia has significant potential to become a leading player in the global organic food supply chain, leveraging its vast fertile agricultural land. Berlianto Wibowo, Head of NIA, Trade Finance & Financing at the Indonesian Export Financing Agency (LPEI), highlighted the global organic food market's projected growth, estimated to reach USD 546.97 million by 2032, with a CAGR of 11.6% from 2023 to 2032. Supporting this, data from Statistics Indonesia (BPS) shows that Indonesian fruits and spices meeting organic standards are in high demand internationally. "Aligned with the increase in organic agricultural product exports, LPEI or Indonesia Eximbank, as the Ministry of Finance's Special Mission Vehicle, continues to promote organic exports to various countries, especially Europe and the United States," stated Berlianto on Saturday, 15 June 2024. LPEI's research team revealed that national fruit exports contributed USD 637.93 million in 2023, with a year-on-year volume increase of 10.28%, reaching 1.20 million tons. This positive trend continued from January to March 2024, with fruit exports valued at USD 262.44 million, up 65.37% year-on-year. Spice exports in 2023 totaled USD 613.79 million, with a volume increase of 26.75% year-on-year, reaching 157.79 thousand tons. From January to March 2024, spice exports rose 13.58% year-on-year, totaling USD 178.47 million.
LPEI is committed to supporting Indonesian local products globally, providing various facilities for businesses, including the Special Export Assignment (PKE) program. "The PKE program offers financing, guarantees, and insurance for transactions or projects deemed crucial by the government to support national export policies," Berlianto explained. As of April 2024, LPEI disbursed PKE facilities totaling IDR 15.2 trillion to over 90 export destinations. For SMEs, LPEI's PKE UKM program has distributed IDR 1.023 trillion by April 2024. PT Mega Inovasi Organik (MIO) exemplifies successful organic export ventures, cultivating various organic products on 2,000-3,000 square meters of land for European and American markets. MIO's integrated organic farming approach has partnered with over 2,500 farmers across Indonesia, producing organic goods for export. The company also focuses on preserving endemic spices like Andaliman and Kemukus, enhancing their market value and ensuring fair pricing for farmers. Berlianto noted LPEI's significant role in expediting financial facilities for exporters, aiming to elevate farmer communities to revenue-generating entities through initiatives like Desa Devisa.
