Trade expo transactions reach IDR 87 trillion, China becomes the biggest buyer

The Ministry of Commerce (Kemendag) determined that the total transaction value of the Trade Expo-Digital Edition (TEI-DE) reached 6.06 billion US dollars or around 87 trillion Rp. In 2021.

Coal is the product with the highest transaction value at this year’s TEI-DE event. Meanwhile, China became the biggest buyer of the annual event.

The Trade Expo-Digital Edition (TEI-DE) lasts two months from October 21st until it closes on Monday (December 20th).

Commodity transactions for coal during this year’s TEI-DEI event reached $ 2.52 billion (rupees 36 trillion).

Other products that were able to attract buyers at TEI this time around were agricultural products valued at $ 792 million (Rp 11 trillion), chemical products valued at $ 316.7 million (Rp 4.5 trillion) and palm oil in $ 307.8 million (Rp 4.4 trillion).

Herbal products and dietary supplements were also $ 300 million (Rs.4.3 trillion) and processed paper and paper products were $ 298 million (Rs. 4.2 trillion).

“So despite the Covid-19 pandemic, we managed to set a new record for TEI-DE results and the digital event has become a special attraction for visitors and buyers,” said Minister of Commerce Muhammad Lutfi at the Trade Closing Ceremony Expo-Digital Edition (TEI-Digital Edition). DE) 2021, Tuesday (21.12.).

China became the largest buying country after $ 1.68 billion (rupees 24 trillion) in transactions.

After China, Egypt follows with US $ 560.2 million (Rp 8.04 trillion), Brazil with US $ 285.8 million (Rp 4.1 trillion), Japan with US $ 252.6 million (Rp 3.6 trillion) Rp trillion) and India with $ 204.3 trillion million (Rp 2.9 trillion).

Lutfi said during the TEI-DE implementation from October 21 to December 20, 2021, the total visits reached 32,030 visits.

The visits came from 8,220 buyers from 136 countries. A total of 3,721 buyers were out overseas buyers and 4,499 are local buyers.

The five countries with the most visitors were India with 669 visitors, China with 145 visitors, Malaysia with 139 visitors, Brazil with 138 visitors and Egypt with 116 visitors.

“From 834 Exhibitor consisting of manufacturing, lifestyle and digital services, medical devices and household products, “he said.

Trade Expo-Digital Edition 2021 was officially closed today (December 21st) by Minister of Commerce Lutfi.

This international exhibition lasts 14 days, online from October 21 to November 4, 2021. The product show will take place until December 20, 2021.

The Trade Expo-Digital Edition also includes various business forum activities conducted with partners of the Department of Commerce’s Directorate-General for National Export Development, including the Trade Facilitation Office (TFO) Canada, the Center for the Promotion of Imports from Developing Countries (CBI .). ) Netherlands, Findolainden, Finland, Arise +, Global Reporting Initiative (GRI), Import Promotion Desk (IPD), Swiss Import Promotion Organization and Fairventures.

Various topics were addressed in these forums, namely geographical indications, fair trade and export opportunities for information technology (IT) services.

Also the creation of a company profile with sustainability standards. A total of nine business forums took place with around 1,000 participants.

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