JakartaGlobe-Mar 2, 2022

Indonesia’s wheat supply may suffer from the ongoing Russia-Ukraine conflict, given that the Southeast Asian country is heavily dependent on wheat imports from Ukraine.According to the think tank Center for Strategic and International Studies (CSIS), the two countries might not be Indonesia’s major trading partners for import or export. But the conflict will have an effect on Indonesia’s food ingredient imports, particularly Ukrainian wheat.Wheat is a key ingredient for noodle, flour and bread producers. UN Comtrade data shown during the conference revealed that Indonesia’s imports from Ukraine reached $963.06 million in 2020. Indonesia’s imports from Russia totaled $957.89 million in the same year. Also in 2020, Indonesia’s exports to Russia were $973.82 million. This was much higher than what Indonesia had exported to Ukraine, which was worth $223.92 million. The National Statistics Agency (BPS) data shows that Ukraine was also Indonesia’s largest supplier of wheat and meslin in 2020. Ukraine supplied 2.96 million tons of wheat and meslin to Indonesia that year.  Read more at: https://jakartaglobe.id/business/russiaukraine-conflict-may-affect-indonesias-wheat-supply