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Tag: trade expo

  • Trade Expo Indonesia buying mission generates deals worth US$186.69 million

    Trade Expo Indonesia buying mission generates deals worth US$186.69 million

    Now into its second day, the Trade Expo Indonesia event has generated a total of US$186.69 million worth of transactions in the form of trade contracts.

    “Transactions worth US$178.7 million were signed on the first day while US$7.99 million worth of deals were signed on the second day,” informed the Trade Ministrys Head of National Export Development Arlinda in Jakarta, on Thursday.

    On the second day of the Expo, the buying mission contract signing was dominated by importers of food and beverage products from Australia.

    The signings were witnessed by Suprapto Martosetomo, Indonesias Ambassador to South Africa as well as the Kingdom of Lesotho, the Kingdom of Swaziland and the Republic of Botswana. The deals were signed by six importers from three countries, including Nigeria, Australia and South Africa, and eight local export businesses.

    In the pharmaceutical sector, Nigerias Jeijosh Pharma signed a deal with PT. Phapros, while Sony Trading Pty. Ltd signed a deal with PT. Mayora Indah.

    In the food and beverage products sector, PT. Pondan Pangan Makmur and PT. Sarimunik Mandiri signed a deal with Eastern Cross Trading Pty. Ltd and CV. Intrafood, while Hean Corporation and PT. Dua Kelinci signed a partnership in the same sector.

    Grein Australia Pty Ltd and PT. Sayap Mas Utama signed a deal for food and beverage products as well as consumer goods.

    Lastly, Wemco Investment & Trading Ltd and PT. KMI Wire and cable Tbk. signed a contract for wire products.

    A total of 37 trade contract signings were carried out between 30 importers from 16 countries and 34 local exporter companies based on the buying mission on the Expos second day.

    Essential oils and coconut milk were among the most sought after products and generated the most transactions, along with skilled workforce contracts from the services field.

    Other commodities that were also coveted by foreign importers included coffee, tea, cement, furniture, wires, food and beverage products, seafood, anti-fatigue mats, floor mats, cutting boards and modular tiles.

    Arlinda believes that this event has broadened Indonesias export opportunities in a number of markets, especially non-traditional ones.

    “We continue to work so that the Indonesian trade representatives contribute more overseas, while at the same time encouraging business makers to enhance the quality of their products because export opportunities are now very vast,” Arlinda remarked.

    The Trade Ministry aims for the goods trade transactions to reach US$800 million by the end of this Trade Expo, excluding the investment opportunities and services related transactions.

    It is hoped that overall, the total transactions signed can reach US$1 billion, exceeding the previous year’s figure of US$909 million of deals.

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  • Trade Expo lures visitors with prime Indonesian products

    Trade Expo lures visitors with prime Indonesian products

    Visitors to the 31st Indonesia Trade Expo are sounding out the possibility of buying Indonesian products they consider to be of good quality.

    Visiting the Trade Expo on Wednesday, Syrian Mohammed Khair Hadiaf said he was looking for Indonesia-manufactured pharmaceuticals.

    “I work in the medical sector and my specialty is cancer. I came here to seek more information about Indonesia’s medical technology and products,” he told us through a translator application on Wednesday when he visited a booth at the expo, held at the Jakarta International Expo (JIExpo) venue in Kemayoran, Central Jakarta, from Oct.12 to Oct.16 . It was the first time Hadiaf had come to Indonesia.

    In another booth, Palestinian Shokri Zahedah and an Iranian calling himself only Amir were looking for snacks and sweets they could sell in their respective countries. Shokri and Amir frequently visit Southeast Asia to buy products from countries in the region, including Malaysia, but it was the first time they had looked at Indonesian products.

    “You have good products. In Iran, snacks mainly come from Malaysia. Indonesian products need more promotion,” Amir said. He said if he found interesting products he would return on Thursday to make a deal.

    The Foreign Ministry through its diplomatic missions invited 1,200 potential buyers from 70 countries to the expo, including those from small countries.

    Foreign Minister Retno LP Marsudi said 225 buyers from Middle Eastern countries attended the expo, followed by African and South Asian countries, which sent 49 buyers each, Eastern Europe ( 48 ), Afghanistan ( 42 ), Palestine ( 42 ), Latin America ( 35 ) and Fiji ( 22 ).

    Poor communication skills appeared to be the biggest obstacle for buyers from small countries to make deals at the Trade Expo. Most of them could not speak English well while the expo lacked liaison officers who can speak foreign languages besides English, especially Arabic.

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  • Indonesian President Inaugurates Trade Expo Indonesia (TEI) 2016

    Indonesian President Inaugurates Trade Expo Indonesia (TEI) 2016

    President Joko Widodo inaugurated Trade Expo Indonesia (TEI) 2016, which opened today at the Jakarta International Expo Kemayoran. Accompanied by Enggartiasto Lukito, Minister of Trade, and Djarot Saiful Hidayat, Vice Governor of Jakarta, the President also awarded the Primaduta Award and Primaniyarta to the best 30 Indonesian exporters.

    Widodo also urged Indonesian exporters to expand to new markets, such as African countries and India, despite the unpredictable global economic conditions. “We have to start to turn our heads to the markets we used to overlook, the markets like India and Africa that offer a huge business opportunities from populations that reach over 60 million people,” stated the President at the opening ceremony.

    Not only Africa and India, which provide lucrative opportunities for Indonesian products, the President also noted that other developing markets like South Asia and Latin America hold great potential for Indonesian exporters to expand markets and distribution of their products. “I urge Indonesian exporters to make moves toward the markets we have previously overlooked,” added President Widodo.

    The President also mentioned that design and packaging play an important role in grabbing the consumer’s attention. “I highly appreciate the Ministry of Trade and the Creative Economy Agency’s initiatives in helping our SMEs to design attractive packaging for their products,” stated Jokowi.

    In addition to showcasing the quality Indonesian export products, TEI 2016 also serves as a trade making platform for businesses, both local and foreign. Trade Minister Enggartiasto said that the event would see approximately 1,100 exhibitors, including SMEs, and expects 15,562 potential buyers from 152 countries. He added that business commitments already sealed totaled Rp 2.6 trillion from 14 countries.

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  • Trade Expo Indonesia Targets 14,700 Potential Buyers

    Trade Expo Indonesia Targets 14,700 Potential Buyers

    The Trade Ministry is targeting the Trade Expo Indonesia (TEI) 2016, which will be held on October 12-16, to be able to attract 14,700 domestic and foreign potential buyers.

    “We provide 1,100 outlets,” Director General of National Export Development of The Trade Ministry Arlinda said in a press conference in Jakarta on Wednesday, August 24, 2016.

    Arlinda said there are currently 4,000 potential buyers who have confirmed to attend the expo.

    The Trade Expo 2016 comprises of six leading sector zones, namely manufacture, furniture and home decoration, food and agriculture, creative industry and investment.

    The TEI promotion has been intensively conducted in domestic and abroad.

  • Trade Expo Indonesia (TEI) 2015 Opens with 118 Countries Ready to Make Transactions

    Trade Expo Indonesia (TEI) 2015 Opens with 118 Countries Ready to Make Transactions

    Indonesia is once again holding its largest international scale trade promotions exhibition, the Trade Expo Indonesia (TEI) 2015. The 30th TEI event will be attended by more than 14 thousand buyers from 118 countries. TEI this year will be carrying the theme “Sourcing at Remarkable Indonesia” and is being held at the Jakarta International Expo (JIExpo) from the 21-25 October, showcasing export oriented products and services.

    The Indonesian Minister of Trade, Thomas Trikasih Lembong, said that TEI was an important instrument for promoting Indonesian exports. “TEI is one of the tools to increase market access and export target market diversification, particularly to nontraditional and emerging markets. The same as last year, TEI this year will focus on Business to Business transactions (B2B),” said Trade Minister Tom at the opening of TEI on Wednesday.

    In order to make TEI become an effective promotional event, the Ministry of Trade is focused on ways to bring in buyers from all over the world. This was done by way of cooperation with the Ministry of Foreign Affairs; through Indonesian representative offices abroad such as Indonesian Embassies, Trade Attaches, Indonesian Trade Promotion Centers (ITPCs); and also through cooperation with the Chambers of Commerce and Industry of friendly countries to spread information abroad about the holding of TEI.

    “Efforts to diversify markets has continuously been carried out by the Ministry of Trade and it seems that now the buyers delegation list comprises mostly of countries from nontraditional markets, including Nigeria, India, Saudi Arabia, Bangladesh, and Malaysia,” said Tom.

    TEI this year will occupy a 50.000 m2 of exhibition space, larger than last year, which only occupied 40,000 m2 with occupancy reaching 99% of the target. The products that will be showcased include manufactured products (automotive products, footwear, textile products, household appliances, building materials, housewares, consumer goods, paper products, health equipment, rubber products, etc.), professional services, furniture, home decorations, processed food, fishery products, agriculture products, and other creative products.

    The “Pride of Indonesia” Pavilion has also returned with local products that are the pride of Indonesia and has been accepted in the global market. There will also be an ASEAN Pavilion set up with an information stand by ASEAN representative countries as well as an ASEAN Economic Community Center (AEC Center) to welcome the implementation of the ASEAN Economic Community (AEC), which will go into effect in December 2015.

    Events at TEI 2015 

    On the first day of TEI 2015, several trade contracts worth more than USD 8 million were already recorded. The signing of trade contracts were conducted between seven Indonesian exporters with five buyers, namely PT. Cipta Panel Buana with Kohnan Shoji Co., Ltd. from Japan, PT. Anggana Catur Prima with JANS Enterprises from the United States, PT. Perkebunan Nusantara VIII with Kong Wooi Fong Tea Merchant Sdn. Bhd from Malaysia, Sinar Sosro with Eastern Cross Trading Pty. Ltd. from Australia, and PT. Inti Bintang Mas Perkasa with Canejava Pty Ltd from Australia.

    TEI 2015 also continuously strives to inform about the latest in developments and regulations of the international export market by holding various activities such as the Trade, Tourism, and Investment (TTI) Seminar to inform exporters, buyers, and investors about taking advantage of international trade and investment opportunities. Regional Discussions will also be held to inform about potential products and foreign market access as well as discuss issues related to international trade.

    Besides that, there will also be a Business Counseling, which is a consultation event facilitated by the Trade Attache and the Head of the Indonesian Trade Promotion Center (ITPC) in order to provide information access and information on penetrating foreign markets for exporters. There will also be a Business Matching to introduce buyers to suitable Indonesian exporters that matches the products the buyers are looking for.

    Moreover, TEI 2015 have also awarded the Primaniyarta Award to 30 Indonesian exporters for various categories, namely 7 companies in the Domestic Capital Investment High-performance Exporter Category, 7 companies in the Foreign Capital Investment High-performance Exporter Category, 6 companies in the Global Brand developers Category, 7 companies in the Superior Potential Exporters Category, and 3 companies in the Exporters of New Market Pioneers Category.

    Afterwards, the presentation of the Primaduta Award to 60 loyal buyers that have been importing Indonesian products. This is a form of appreciation presented by the Government to those who have contributed to increasing Indonesian exports. “We hope that TEI this year will be able to result in even more trade cooperation between Indonesian exporters with buyers so that it could directly contribute to the growth of the national export performance,” said Trade Minister Tom.