soybean soybean oil refining machine in indonesia

                                               
                                               
                                               
                                               
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  • Is Indonesia self-reliant in soybean production?
  • In 1992, Indonesia was self-reliant in soybean production, with output reaching 1.8 million tonnes. If the country can revive its annual production capacity, soybean imports could perhaps be minimized to just one million tons.
  • Where does Indonesia import soybean oil?
  • Imports In 2022, Indonesia imported $66.8M in Soybean Oil, becoming the 47th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 427th most imported product in Indonesia. Indonesia imports Soybean Oil primarily from: Malaysia ($28.4M), Thailand ($26.4M), Brazil ($5.54M), Australia ($2.76M), and Singapore ($2.15M).
  • What commodities can Indonesia offer in exchange for soybeans?
  • Aside from direct purchases, as proposed by Commission VI of the House of Representatives, Indonesia can also offer other commodities in exchange for soybeans, such as palm oil, coffee, and other seeded products. National production
  • Can Indonesia reduce its reliance on US soybeans?
  • National production Seeking other producer countries to reduce Indonesia’s reliance on soybean supply from the US can be one solution to address the spike in the prices of the commodity. However, it can only be a temporary solution to the soybean supply crunch in the country, which is an annual occurrence in the domestic industry.