BPS Bali sees Trump tariffs could affect fish exports

BPS Bali sees Trump tariffs could affect fish exports


Denpasar - The Bali Central Statistics Agency sees that the United States reciprocal tariff policy set by US President Donald Trump could have an impact on exports of fish, crustaceans and molluscs.

"Of course it has an impact, but we'll see how big the impact is, because the government is still trying to anticipate, if the anticipation is successful, maybe the impact won't be too big," said Head of BPS Bali Agus Gede Hendrayana Hermawan.

Until now, fish, crustaceans and molluscs (HS 03) commodities have been the highest contributors to exports from Bali, with the highest destination being the United States.

According to Agus Gede, it is not only Bali that will feel the impact, but all commodities that are routinely sold to Uncle Sam's country, so BPS sees the need to explore other markets.

"So, if for example we are constrained in one market, we must have several alternatives, market expansion, actually there is no such case (with Trump's tariff policy), market expansion is an important thing," he said.

"This is one of the triggers for increasing production and added value, so if the market is wider, of course the economy will possibly develop, with this, new markets can be created that are better," continued the Head of BPS Bali.

Exports to the United States itself have always been in first place in every BPS Bali study, but before the Trump tariff was implemented, exports in February 2025 had already experienced a decline.

Agus Gede said that Bali's exports throughout February 2025 were 52.22 million US dollars with the top five main destination countries being the United States with a value of 15.48 million US dollars, where this amount fell 8.10 percent from exports to that country in January 2025.

Post a Comment

Previous Post Next Post