Coal Contribute 45.82 Percent of Total Transactions during TEI

JAKARTA, NETRALNEWS.COM – The 2017 Trade Expo Indonesia (TEI) on Oct 11-15, 2017, has managed to post sum transaction of $1.41 billion or homogeneous IDR18.70 trillion. This array increasing 37.36 percent compared to final year’s $1.02 billion.

For a merger of product exchange in TEI 2017 available $1.28 billion, adult 55.91 percent compared to final year amounted to $823.06 million. Coal became Indonesia’s flagship product that occupies a initial position of merger of product exchange in TEI 2017.

“The transaction reached $588 million, homogeneous to 45.82 percent of a sum transactions” pronounced Minister of Trade, Enggartiasto Lukita, in Jakarta, Monday (6/11/2017).

According to Enggartiasto, other products that successfully attract buyers are coffee that resulted in exchange amounting to $91.62 million (7.14 percent), essential oils of $80.43 million (6.27 percent), processed dishes $78.61 million (6.13 percent), and CPO of $69.58 million (5.42 percent).

Meanwhile, formed on information from a National Agency for a Placement and Protection of Indonesian Migrant Workers (BNP2TKI), direct in a services zone in TEI 2017 amounted to USD 41.37 million, somewhat down from final year’s gain of $48.53 million or down 14.76 percent.

Director General of National Export Development Arlinda conveyed, with a judgment of business to business (B2B), TEI 2017 has also facilitated a signing of 37 MoU purchasing missions from 19 countries. The value reached $231.87 million, an boost of 11.50 percent compared to a 2016 TEI of $207.96 million.

The top transaction value is formed on a sequence of a countries on TEI 2017 squeeze mission, namely Saudi Arabia, Malaysia, Egypt, Thailand, Australia, India, Brazil, Belgium, USA, UK, Japan, Italy, Germany, Singapore, Spain, South Africa, Nigeria, Taiwan, and a Netherlands.

“The array of transaction processes carried out during TEI continues. There are still buyers who will follow adult some squeeze exchange outward a exhibition, “explained Arlinda.

A sum of 100 buyers from 26 countries also follow business relating with Indonesian companies. Products of good seductiveness are food and beverages, tires, seafood, seat and furnishing, and spices.

Countries with a largest business relating transaction value are Croatia, Saudi Arabia, Japan, India, and Russia. There have been 196 meetings or an normal of 50 exporters per day ensuing in a impending transaction with a sum value of $ 91.02 million.


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