{"id":20352,"date":"2021-07-12T10:57:33","date_gmt":"2021-07-12T03:57:33","guid":{"rendered":"https:\/\/gapki.id\/en\/?p=20352"},"modified":"2021-07-12T10:57:33","modified_gmt":"2021-07-12T03:57:33","slug":"palm-oil-growth-enables-ri-to-see-trade-surplus-with-egypt","status":"publish","type":"post","link":"https:\/\/gapki.id\/en\/news\/2021\/07\/12\/palm-oil-growth-enables-ri-to-see-trade-surplus-with-egypt\/","title":{"rendered":"Palm Oil Growth Enables RI To See Trade Surplus With Egypt"},"content":{"rendered":"

JAKARTA \u2013 Amid the second wave of Covid-19 pandemic that has previously impacted almost all economic sectors, the palm oil and derivative products have played an important role in supporting the growth of Indonesian exports to Egypt.<\/p>\n

\"\"<\/a><\/p>\n

Indonesian Ambassador to Egypt, Lutfi Rauf said that the exports of palm oil and derivative products to Egypt managed to survive amid the lingering impacts of Covid-19 pandemic.<\/p>\n

“When many economic sectors are impacted by the Covid-19 pandemic, Indonesian palm oil products are consistent to contribute foreign exchange income, resulting in a surplus in the trade balance of Indonesia-Egypt,” said Lutfi Rauf during a meeting with Savco Vegetable Oils President Ammar Aboullaban in the 10th<\/sup> industrial zone of Ramadhan City in Sharqia province of Egypt.<\/p>\n

The meeting was part of the serial activities of \u201cPalm Oil Safari\u201d, which were conducted by the Indonesian ambassador and trade attach\u00e9 to promote the palm oil among the palm oil processing companies in Egypt.<\/p>\n

“Our goal is to maintain the loyalty of palm oil consumers in Egypt and to increase Indonesian exports of palm oil to the country,\u201d said Lutfi.<\/p>\n

Meanwhile, Ammar Aboullaban noted that currently his company, which has involved in the palm oil processing business since 2013, produces more than 10 derivative products from palm oil, which include cooking oil, vegetable ghee and margarine.<\/p>\n

“Savco is ready to import more palm oil from Indonesia. Savco needs 5,000 \u2013 10,000 tons of palm oil from Indonesia,” he said.<\/p>\n

Indonesian Trade Attache to Egypt, Irman Adi Purwanto Moefthi said that Indonesian palm oil has commanded a market share of 87.26 percent in the vegetable oil market of Egypt with a growth of 4.56 percent per year during the period of 2016-2020.<\/p>\n

During January\u2013March 2021, Indonesian palm oil exports to Egypt reached US$269 million or around Rp3.9 trillion, which was an increase of 78.86% if compared to that of the same period in 2020 at US$150 million or around Rp2.1 trillion. (*)<\/p>\n

Source: wartaekonomi.co.id | Featured image via flwprotocol.org<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

JAKARTA \u2013 Amid the second wave of Covid-19 pandemic that has previously impacted almost all economic sectors, the palm oil and derivative products have played an important role in supporting the growth of Indonesian exports to Egypt.<\/p>\n","protected":false},"author":1,"featured_media":19889,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3708,3709],"tags":[],"class_list":["post-20352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publication","category-recent-news"],"yoast_head":"\nPalm Oil Growth Enables RI To See Trade Surplus With Egypt - 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Speaking to reporters after accompanying Indonesia\u2019s Ambassador to Egypt, Lutfi Rauf, during a meeting with Gulf Arabian Co General Manager \u00a0Osama El\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/09\/youtube-view_logo.jpg?fit=999%2C386&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/09\/youtube-view_logo.jpg?fit=999%2C386&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/09\/youtube-view_logo.jpg?fit=999%2C386&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/09\/youtube-view_logo.jpg?fit=999%2C386&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":20581,"url":"https:\/\/gapki.id\/en\/news\/2021\/09\/04\/ri-hopes-iuae-cepa-will-raise-palm-oil-exports\/","url_meta":{"origin":20352,"position":1},"title":"RI Hopes IUAE-CEPA Will Raise Palm Oil Exports","author":"admin","date":"September 4, 2021","format":false,"excerpt":"JAKARTA -- Indonesia will launch the Indonesia - United Arab Emirates Comprehensive Economic Partnership Agreement (IUAE-CEPA) early next month (September 2021). \u201cWe warmly welcome the plan to launch the IUAE-CEPA in September. We hope it will strengthen the two countries\u2019 relationships, especially in the sectors of trade, investments, and push\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/09\/palmoil_red_oilpalm.jpg?fit=874%2C495&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/09\/palmoil_red_oilpalm.jpg?fit=874%2C495&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/09\/palmoil_red_oilpalm.jpg?fit=874%2C495&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/09\/palmoil_red_oilpalm.jpg?fit=874%2C495&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":19491,"url":"https:\/\/gapki.id\/en\/news\/2020\/11\/25\/palm-oil-performs-well-despite-covid-19-pandemic\/","url_meta":{"origin":20352,"position":2},"title":"Palm Oil Performs Well Despite COVID-19 Pandemic","author":"admin","date":"November 25, 2020","format":false,"excerpt":"Jakarta -- The palm oil industry has been continually giving positive contribution to Indonesian economy, in spite of the outbreak of Covi-19 pandemic which has impacted almost all economic sectors. The exports of palm oil products significantly supported Indonesia\u2019s trade balance, so that it saw a surplus of US$13.82 billion\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/11\/indiaclimatedialogue.net_palmoil_fruit.jpg?fit=680%2C390&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/11\/indiaclimatedialogue.net_palmoil_fruit.jpg?fit=680%2C390&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/11\/indiaclimatedialogue.net_palmoil_fruit.jpg?fit=680%2C390&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":29584,"url":"https:\/\/gapki.id\/en\/news\/2025\/04\/12\/palm-oil-saves-ri-from-deficit-in-trade-balance\/","url_meta":{"origin":20352,"position":3},"title":"Palm Oil Saves RI From Deficit in Trade Balance","author":"admin","date":"April 12, 2025","format":false,"excerpt":"JAKARTA \u2013 The palm oil industries play an important role in Indonesian economy, especially as a major contributor to exports and foreign exchange, and trade balance. The country\u2019s policy of palm oil exports and palm down-streaming has increased its foreign exchange from exports and resulted in trade surplus, especially in\u2026","rel":"","context":"In "Infographics"","block_context":{"text":"Infographics","link":"https:\/\/gapki.id\/en\/news\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/12\/sumatera_kebun_sumatera_Sawit_kebun_sawit.jpg?fit=792%2C517&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/12\/sumatera_kebun_sumatera_Sawit_kebun_sawit.jpg?fit=792%2C517&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/12\/sumatera_kebun_sumatera_Sawit_kebun_sawit.jpg?fit=792%2C517&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/12\/sumatera_kebun_sumatera_Sawit_kebun_sawit.jpg?fit=792%2C517&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":19427,"url":"https:\/\/gapki.id\/en\/news\/2020\/11\/18\/palm-oil-contributes-15-of-indonesian-exports\/","url_meta":{"origin":20352,"position":4},"title":"Palm Oil Contributes 15% Of Indonesian Exports","author":"admin","date":"November 18, 2020","format":false,"excerpt":"JAKARTA \u2013 The Indonesian Palm Oil Association (GAPKI) reported that despite of the Covid-19 pandemic that has affected almost all economic sectors during 2020, palm oil industry can still achieve a positive growth. During the third quarter of 2020, the price of crude palm oil (CPO) reached US$666 per ton.\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/11\/earth.org_palmoil_contribute.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/11\/earth.org_palmoil_contribute.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/11\/earth.org_palmoil_contribute.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/11\/earth.org_palmoil_contribute.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":26044,"url":"https:\/\/gapki.id\/en\/news\/2021\/06\/11\/palm-oil-remains-shining-despite-pandemic\/","url_meta":{"origin":20352,"position":5},"title":"Palm Oil Remains Shining Despite Pandemic","author":"admin","date":"June 11, 2021","format":false,"excerpt":"JAKARTA \u2013 Amid pressures resulted from the outbreak of Covid-19 pandemic, Indonesia\u2019s palm oil industry can still perform well and significantly contribute to the national economy. The Covid-19 pandemic is still running rampant, impacting the global economy and Indonesian economy. But after seeing recession with minus growth last year, the\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/06\/palmoil_shining_jakpost.net_.jpg?fit=889%2C476&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/06\/palmoil_shining_jakpost.net_.jpg?fit=889%2C476&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/06\/palmoil_shining_jakpost.net_.jpg?fit=889%2C476&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/06\/palmoil_shining_jakpost.net_.jpg?fit=889%2C476&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/09\/youtube-view_logo.jpg?fit=999%2C386&ssl=1","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/20352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/comments?post=20352"}],"version-history":[{"count":0,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/20352\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media\/19889"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=20352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=20352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=20352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}