JAKARTA, Dec. 17 (Xinhua) -- Indonesia's Minister of Trade Budi Santoso announced on Tuesday the export of 10 containers of palm oil products, split fatty acid and crude glycerine, valued at 420,000 U.S. dollars, to India.
"The export of palm oil derivatives is concrete proof of the synergy between the government and the private sector in supporting national economic growth. We hope all parties can work together to boost the development of this strategic commodity," Budi said during the product release event in Deli Serdang Regency, North Sumatra.
According to the ministry, Indonesia is the world's largest exporter of crude glycerine and split fatty acid, holding market shares of 32.02 percent and 40.97 percent, respectively.
The export value of these two products from January to September this year reached 1.05 million U.S. dollars, a 6.91 percent increase compared to the same period last year. ■