Indonesia has achieved double-digit growth from its forestry exports in the first quarter of 2021. Photo by pxhere
Indonesia achieved double-digit growth from its forestry exports in the first quarter of 2021.
The double-digit growth happened despite the disruption of international demand due to Covid-19. Indonesian wood product manufacturers achieved 14% growth in exports in the first quarter of 2021.
According to Siti Nurbaya, the Minister of Environment and Forestry, this as an outstanding performance. The Minister commented that the upstream and downstream forestry sector have benefitted from the easing of tax and non-tax policies and have adapted well to the new trading environment. She explained that Indonesia’s forestry exports to the US and China in the first quarter of this year jumped over 30%.
