Indonesia Wheat Imports Increased by 12% amid global crisis

Global wheat export market is very uncertain. The world is suffering from the wheat shortage due to the abrupted wheat supply from Ukraine amid war with Russia. Similarly, the Indonesian government has enhanced its wheat imports by 12% to overcome future wheat shortage. Indonesia is the leading wheat importer in the world. As per Indonesia import export data reports, Indonesia's total wheat imports for the financial year 2023 were around 11 million metric tons. The total import value for wheat from Indonesia was 4.69 billion US Dollars in 2022. On the other hand, it was 4.29 billion US Dollars in 2021. Indonesia import data suggests that India, Ukraine and Canada are the top exporters of wheat to Indonesia. Indonesia wheat imports from India were estimated to be around 7 million US Dollars in 2022. Experts predict that wheat imports could see an increase of 1.3 million metric tonnes in 2023. According to the Indonesia export data reports, total wheat exports from In...