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Indonesian Shrimp Export

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Indonesian Shrimp Export
Background Developed countries such as South Korea, Taiwan, Hong Kong, and Singapore rely on their commodity export as their main economy boosters. Even when the economy situation goes bad, these countries still can achieve surplus trade balance. Boosting economy through commodity export, like what Japan has done, has become popular among developing countries like Indonesia. As an archipelagic country, Indonesia has infinite fishery potential. It is because Indonesia area is dominated by watery/ oceanic area, which is around 7.9 million km2, plus very wide shore line of 80.791 km2. This huge oceanic area has been utilized as embankment and fishery pond. This watery/ oceanic area is 7 times compared to the land area which is only 1.9 km2. It means that Indonesia overall area, 81% consist of unlimited fishery potential. So it is not impossible for Indonesia to dominate global fishery business. In Indonesia, fishery sector has a very big opportunity. It is considered as one of promising non-migas export commodity that can contribute significant amount of national income. One of the main fishery export product that has become Indonesia’s prime product is shrimp. World shrimp consumption is increasing significantly while in Indonesia, the utilization of shore natural resource is still not optimal. Therefore, based on production side, shrimp prospect in Indonesia is very promising. It is proven through the data that shown for the last 25 years, shrimp export volume growth of Indonesia is 6.03%, and the value growth is 11.79%. Indonesia’s biggest shrimp importer is USA. USA shrimp import from Indonesia is 80,479 ton in the year of 2008 with the import value of $550,773. The other country which also import large amount of Indonesian shrimp is Japan with the volume of 39,582 and import value of $337,681.00. Indonesia’s shrimp export to USA has market share of 47.34% from overall Indonesia shrimp export. However the number of shrimp export to USA decreased

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