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Quantity (ton)

Value (US$ Thou.)

Quantity (ton)

Value (US$ Thou.)

Quantity (ton)

Value (US$ Thou.)

Quantity (ton)

Value (US$ Thou.)

Quantity (ton)

Value (US$ Thou.)

Production 75,854 18,379 598,356 153,957 617,444 182,763 659,291 218,819 487,736

Market share(%) Production in the World Export

Domestic Consumption 3,204,412 776,429 4,058,344 1,044,212 4,120,227 1,219,587 4,186,157 1,389,386

Export to Top 5 countries

1. Taiwan 0 0 0.0 0 0 0 44.0 1.7

2. India 0 0 0 0 68.9 20 0 0

3. Japan 0 0 19.9 20 0 0 0 0

4. Hongkong 21.0 15 106.0 96.6 0 0 0 0

5. Vietnam 1,138.2 250 0 0 0 0 0 0.0

6. Others 28.8 79.8 235.4 35.5 169.0 279.9 73.5 12.0

Total Export 1,188.0 344.9 361.3 152.3 237.9 300.0 117.5 13.70

Import from Top 5 countries

1. USA 399,472 72,703.9 1,121,963 203,075 1,122,900 250,407 549,759 152,283

2. Argentine 0 0.0 77,187 13,971 10,276 2,292 92,805 25,707

3. Malaysia 93,429 17,004.1 76,382 13,825 17,983 4,010 5,255 1,456

4. Canada 10,503 1,911.5 47,617 8,619 18,393 4,102 353 98

5. Singapore 14,207 2,585.7 37,546 6,796 549 122 38 11

6. Others 618,808 112,623.1 4,558 825 22,616 5,043 3,770 1,044

Total Import 1,136,419.0 206,828.3 1,365,253.0 247,111 1,192,717.0 265,976 651,980.0 180,598

Year Harvest Area (Ha) Province Province

2001 678,848 NTT NTB

2002 544,522 East Java North Sumatra

2003 526,796 West Java NAD

2004 565,155 Central Java

Opportunity for Investment

Sources: Processed Data by Department of Agricultural 2005

Note:

2001 2002 2003 ,

182 273

2002 2004

Rp/KG , . 2,300.11 , . 3,073.63

USD/KG . . . .

Avg of e.r

(USD/Rp) , 8,940 , 9290

0.2 (%) 2.2 (%)

3.0 (%) 0.6 (%)

3.2 (%) 0.4 (%)

Soybean

n.a.

n.a. n.a. 0.4 (%)

2001 2002 2003 2004

3.1 (%)

2005

Production in 2003 (Ton) Production in 2003 (Ton)

BLANK

426.8 218.0

364.1 123.4

338.5 106.7

320.1 2005 611,059

South Sumatra

310.0

Indonesia soybean production in these 5 years is relatively stagnant on a low level, ave. 487thousand ton/year ,in other words, less than 1% of the world production. Naturally, domestic consumption cannot be fulfilled. To meet the demand, government started the "Soybean Awakement" movement which was not succesful. Although this program has decreased the export-import volume deficit from 1.1 mill ton in year 2001 to 651.8 thousand ton (with the value of 180.5 juta US $), it couldn't cover the domestic demand. With such a tremendous demand and the national production that cannot fulfill this, naturally import market is widely open. The biggest supplier country is USA with 550 thousand ton in year 2004, followed by Argentine(92 thousand ton) and Malaysia(5 thousand ton). Swastika (2003), said that Indonesia recently included soybean, one of its major food crops, in a "strategic commmodity" but Indonesia has no comparative or competitive advantage in producing soybean. The revenue cost ratio (RCR's) value is greater than one, meaning that USD 1 earned from soybean production require more than a USD 1 resources cost (Gonzales, 1993). Among three main food crops (rice, maize, and soybean) soybean is the least efficient crop to grow. The RCRs of rice and maize are generally less than one indicating that they have co

International Price of Soybean (USD/MT)

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