Setting a quota for sugar imports and exports in Indonesia

Setting quotas for sugar imports is part of the Indonesian government's policy to maintain domestic sugar prices and protect local producers. Last year, Indonesia also set a sugar export quota of 2.7 million tons.

The restriction on sugar imports has raised the risk of a possible decrease in sugar levels on the foreign market, especially due to the increase in sugar consumption in the country. However, Commerce Ministry officials assured that Indonesia has sufficient sugar reserves and can supply such a market.

Indonesia is one of the largest consumers and producers of sugar in the world. It is also one of the largest importers of sugar from Thailand and Brazil.