KKP records transactions reaching US$10.43 million at TEI 2019

Jakarta (ANTARA) – The Maritime Affairs and Fisheries Ministry (KKP) clocked transactions of maritime and fishery products reaching US$10.43 million during the 34th Trade Expo Indonesia (TEI) at the Indonesia Convention Exhibition (ICE), Tangerang, Banten, on October 16-20.

“Canned fish, tuna, tilapia/parrot fish, shrimp, octopus, patin fish, skipjack fish, seaweed, unagi fish, and fish sauce dominated the transactions,” Agus Suherman, the ministry’s Director General for maritime and fishery product competitiveness, stated here on Monday.

The value of this year’s transaction rose by 7.26 percent from that during last year’s TEI.

During the expo, the ministry managed to strike deals with buyers from no less than 25 nations, comprising the United Kingdom, China, Mexico, Japan, Vietnam, Maldives, Russia, Myanmar, Thailand, Brazil, Hong Kong, Spain, Romania, India, Kazakhstan, Azerbaijan, Algeria, Malaysia, Colombia, South Korea, Canada, Turkey, and several other African as well as Middle East countries.

The ministry’s Indonesia Seafood Pavilion hosted 12 enterprises to promote Indonesian sea products.

The ministry, in cooperation with the Foreign Affairs Ministry, also conducted the integrated promotion of Indonesian fishery products during the business forum, business matching, and business gathering organized to coincide with the TEI 2019.

The promotion activities were directed at boosting the exports of Indonesian fishery products and strengthening networks with potential buyers.

In 2018, Indonesia had ranked 12th as a seafood exporting country, with exports valued at US$4.8 billion. Since 2014, the value of the country’s seafood exports rose by 1.66 percent yearly on an average.

Indonesia’s major seafood exports comprise shrimp, tuna, skipjack, cop, crab, squid, octopus, and cuttlefish. The main export destinations are the United States, Japan, the European Union, China, and other ASEAN member countries.

The annual TEI, themed “Moving Forward to Serve the World,” was expected to attract at least 35 thousand investors, exporters, and importers.

Along with the exhibition, the TEI also presented a series of parallel activities comprising a Trade, Tourism and Investment Forum, Business Matching, Business Counseling, Regional Discussion, Overseas and Local Trade Mission, and Export Start-Up Competition and Talk Show.

Source: ANTARA News