{"id":22325,"date":"2022-11-16T13:33:40","date_gmt":"2022-11-16T06:33:40","guid":{"rendered":"https:\/\/gapki.id\/en\/?p=22325"},"modified":"2022-11-16T13:33:40","modified_gmt":"2022-11-16T06:33:40","slug":"ri-india-to-scale-up-palm-oil-and-coal-trade-after-g20","status":"publish","type":"post","link":"https:\/\/gapki.id\/en\/news\/2022\/11\/16\/ri-india-to-scale-up-palm-oil-and-coal-trade-after-g20\/","title":{"rendered":"RI-India To Scale Up Palm Oil and Coal Trade After G20"},"content":{"rendered":"

Badung – Indonesia and India will increase trade cooperation after the end of G20 summit in Bali. Indonesia\u2019s Trade Minister Zulkifli Hasan had taken an opportunity during the G20 meeting to meet the Confederation of Indian Industry\u2019s (CII) Director General Candrajeet Banarje.<\/p>\n

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

“We\u2019ll visit India to formulate the cooperation plan between the two countries. Indonesia is also in a process of setting up a team to assess potential sectors for the bilateral cooperation,” said Zulkifli Hasan.<\/p>\n

Previously, during an Indonesian trade mission to India last August, both countries were seeking to reach a bilateral trade agreement to increase trade and investment through various initiatives which include the ASEAN-India Trade In Goods Agreement (AITIGA). During the occasion, the Indian business players had also expressed their interest to invest in projects of infrastructure in Indonesia, such as seaports, airports, new capital city (IKN) development, development of information technology and artificial intelligence.<\/p>\n

“We\u2019ll make a visit to India to formulate the plan to increase bilateral cooperation. Indonesia is also in a process of establishing a team to assess the potential sectors for our bilateral cooperation,” Zulkifli Hasan said.<\/p>\n

Based on balance of trade during the period of January-September 2022, trade volume between Indonesia and India reached US$25.5 billion, an increase of 60.3% compared to that of the same period last year. During the period, Indonesia\u2019s exports to India reached US$17.9 billion, while its imports from India amounted to US$7.5 billion. It means that Indonesia saw a surplus of US$10.4 billion in its trade balance with India, which is the second largest importer of Indonesia\u2019s palm oil products after China.<\/p>\n

In 2021, total trade volume of the two countries reached US$20.9 billion. Indonesia\u2019s exports to India reached US$13.2 billion, while its imports from India reached US$7.6 billion, resulting in Indonesia\u2019s surplus of US$5.6 billion from its trade balance with India.<\/p>\n

In 2021, India ranked the fourth as an export destination country and the ninth as the origin of imports for Indonesia. The main exports of Indonesia to India include palm oil products and coal, while its imports from India include half-finished steel products, sugar, peanuts, beef, and ferrous alloys.<\/p>\n

In terms of investments in 2021, India ranked 26th<\/sup> as the source of foreign investments for Indonesia. India\u2019s investments in Indonesia during the last five years (2017-2021) consist of 2,738 \u00a0projects with a total value of US$534 million. (*)<\/p>\n

Source: CNBC Indonesia<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Badung – Indonesia and India will increase trade cooperation after the end of G20 summit in Bali. Indonesia\u2019s Trade Minister Zulkifli Hasan had taken an opportunity during the G20 meeting to meet the Confederation of Indian Industry\u2019s (CII) Director General Candrajeet Banarje.<\/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-22325","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publication","category-recent-news"],"yoast_head":"\nRI-India To Scale Up Palm Oil and Coal Trade After G20 - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)<\/title>\n<meta name=\"description\" content=\"Indonesia and India will increase trade cooperation after the end of G20 summit in Bali. 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Trade Minister Zulkifli Hasan said that the palm oil import was secured during a trade mission he led to\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\/2022\/09\/palmoil_sawit_bloomberg.com_.jpg?fit=984%2C577&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/09\/palmoil_sawit_bloomberg.com_.jpg?fit=984%2C577&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/09\/palmoil_sawit_bloomberg.com_.jpg?fit=984%2C577&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/09\/palmoil_sawit_bloomberg.com_.jpg?fit=984%2C577&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":26615,"url":"https:\/\/gapki.id\/en\/news\/2023\/10\/19\/jokowi-meets-sri-lankan-president-asking-for-palm-oil-ban-lifting\/","url_meta":{"origin":22325,"position":1},"title":"Jokowi Meets Sri Lankan President, Asking For Palm Oil Ban Lifting","author":"admin","date":"October 19, 2023","format":false,"excerpt":"Jakarta \u2013\u00a0The Indonesian President Joko Widodo (Jokowi) held a bilateral meeting with Sri Lankan President Ranil Wickremesinghe at China World Hotel, Beijing, China, on Tuesday. During the meeting, President Jokowi asked the Sri Lankan government to lift the import ban on palm oil. \"Palm oil is Indonesian leading commodity that\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\/2023\/10\/jokowi_srilanka_palmoil_oilpalm_viva.co_.id_.jpg?fit=803%2C425&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/10\/jokowi_srilanka_palmoil_oilpalm_viva.co_.id_.jpg?fit=803%2C425&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/10\/jokowi_srilanka_palmoil_oilpalm_viva.co_.id_.jpg?fit=803%2C425&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/10\/jokowi_srilanka_palmoil_oilpalm_viva.co_.id_.jpg?fit=803%2C425&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":22393,"url":"https:\/\/gapki.id\/en\/news\/2022\/11\/30\/ri-china-sign-deal-to-raise-palm-oil-exports-next-year\/","url_meta":{"origin":22325,"position":2},"title":"RI-China Sign Deal To Raise Palm Oil Exports Next Year","author":"admin","date":"November 30, 2022","format":false,"excerpt":"JAKARTA \u2013 Indonesia will realize the plan on its additional exports of one million tons of crude palm oil (CPO) and derivative products to China next year. To realize the plan, the China Chamber of Commerce for Import and Export for Foodstuffs, Native Produce & Animal By-Products (CFNA) signed on\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\/2022\/12\/ekspor_palmoil_medcom.id_.png?fit=829%2C504&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/12\/ekspor_palmoil_medcom.id_.png?fit=829%2C504&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/12\/ekspor_palmoil_medcom.id_.png?fit=829%2C504&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/12\/ekspor_palmoil_medcom.id_.png?fit=829%2C504&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":30118,"url":"https:\/\/gapki.id\/en\/news\/2025\/07\/28\/palm-oil-power-move-indonesia-india-sign-3-year-pact-to-secure-food-fortunes-and-the-future\/","url_meta":{"origin":22325,"position":3},"title":"Palm Oil Power Move: Indonesia & India Sign 3-Year Pact to Secure Food, Fortunes, and the Future","author":"admin","date":"July 28, 2025","format":false,"excerpt":"New Delhi, July 2025 \u2013 In a strategic and forward-looking move, the Indian Vegetable Oil Producers\u2019 Association (IVPA) and the Indonesian Palm Oil Association (IPOA\/GAPKI) have signed a landmark three-year Memorandum of Understanding (MoU) to elevate bilateral cooperation in the palm oil sector. This dynamic alliance not only cements the\u2026","rel":"","context":"In "Info & Activity"","block_context":{"text":"Info & Activity","link":"https:\/\/gapki.id\/en\/news\/category\/info-activity\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/08\/IVPA_GLOBAL_roundtable_.jpg?fit=807%2C483&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/08\/IVPA_GLOBAL_roundtable_.jpg?fit=807%2C483&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/08\/IVPA_GLOBAL_roundtable_.jpg?fit=807%2C483&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/08\/IVPA_GLOBAL_roundtable_.jpg?fit=807%2C483&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":26311,"url":"https:\/\/gapki.id\/en\/news\/2023\/05\/16\/ri-malaysia-agree-to-boost-palm-oil-synergy\/","url_meta":{"origin":22325,"position":4},"title":"RI-Malaysia Agree To Boost Palm Oil Synergy","author":"admin","date":"May 16, 2023","format":false,"excerpt":"Jakarta \u2013 Economic Coordinating Minister Airlangga Hartarto held a bilateral meeting with Malaysia\u2019s Investment, Trade and Industry Minister \u00a0Tengku Zafrul Aziz on the sidelines of the 42nd ASEAN\u00a0 Summit in Labuan Bajo, East Nusa Tenggara (NTT) province on Wednesday, 10 May 2023. During the meeting they agreed to increase their\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\/allies-en\/uploads\/2023\/05\/palmoil_antaranews.com_.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/05\/palmoil_antaranews.com_.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/05\/palmoil_antaranews.com_.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/05\/palmoil_antaranews.com_.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":23181,"url":"https:\/\/gapki.id\/en\/news\/2023\/05\/24\/ri-tapping-new-markets-in-africa-and-middle-east\/","url_meta":{"origin":22325,"position":5},"title":"RI Tapping New Markets In Africa and Middle East","author":"admin","date":"May 24, 2023","format":false,"excerpt":"Jakarta \u2013 The Indonesian government is tapping new potential markets for palm oil and other top commodities, after seeing a growing tension of trade relation with European Union (EU) following the recent issuance of European Union Deforestation Regulation (EUDR), which restricts agricultural and forestry products in the market.\u00a0 \u00a0 To\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\/allies-en\/uploads\/2023\/05\/palmoil_bwbx.io_.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/05\/palmoil_bwbx.io_.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/05\/palmoil_bwbx.io_.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/05\/palmoil_bwbx.io_.png?resize=700%2C400&ssl=1 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\/22325","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=22325"}],"version-history":[{"count":0,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/22325\/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=22325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=22325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=22325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}