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Article: Indonesia's Economic Recovery: A Boon for U.S. Fruit.(Statistical Data Included)
- Article from:
- AgExporter
- Article date:
- August 1, 2000
CopyrightCOPYRIGHT 2000 U.S. Department of Agriculture. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The word "crisis" in Chinese consists of two characters placed together. The first character means "danger", while the second character means "opportunity."
This dual definition of "crisis" applies to Indonesia's last two years. The country experienced hardship, both economically and politically, but now appears to be in a period of recovery. Thus, there are many new opportunities, especially for U.S. fruit exporters.
Coming Back From a Fall
In 1996, total U.S. exports to Indonesia increased to over $3.4 billion, including nearly $1.0 billion in agricultural and forestry products.
When, in 1998, Asia's economic problems shrank ...