Indonesia's Processed Tuna Exports Get 0% Tariff from Japan

Indonesia's processed tuna exports to Japan will now receive a 0% tariff. This move is set to significantly bolster bilateral economic ties and enhance the international competitiveness of tuna, a key fishery export from Indonesia. The tariff exemption is expected to provide a substantial boost to Indonesia's tuna processing industry. Previously, exports to the Japanese market were subject to certain tariffs, but their removal will increase product price competitiveness, potentially leading to greater penetration into the Japanese market. This could particularly drive the expansion of processed products such as canned and frozen tuna, which have seen increasing demand in recent years. As one of the world's leading tuna-producing nations, Indonesia boasts a robust tuna processing sector. This tariff reduction aligns with the Indonesian government's policy to increase the added value of fishery products. By improving processing technology and ensuring stringent quality control, this initiative is also expected to elevate the brand image of Indonesian fishery products in the global market. Japan is a crucial trading partner for Indonesia, and fishery products are no exception. From a food security perspective, this tariff elimination also benefits the Japanese market, which seeks diverse sources of seafood supply. Indonesia is urged to seize this opportunity to further enhance its presence in the Japanese market while balancing the development of sustainable fishing practices and processing technologies. Source: Antara News (English)