Business · Trade · 1 hr ago

Indonesian Food Products Draw $25.38 Million in Potential Deals at Shanghai Expo

Indonesian Food Products Draw $25.38 Million in Potential Deals at Shanghai Expo

Indonesian food, spice and fishery products drew $25.38 million in potential deals at a trade expo in Shanghai from November 5 to 10.

The figure covers possible transactions, not confirmed sales, and Indonesia’s Trade Ministry said they need follow-up to be realized.

Indonesian companies and small businesses displayed products including seafood, coffee, snacks, spices and instant noodles.

Moringa snack maker La Moringa signed a cooperation agreement with a partner in China.

Trade officials also held meetings with prospective buyers and gathered information about Chinese market trends and consumer preferences.

The expo was intended to build lasting export partnerships and help Indonesia plan how to enter the market.

Officials said they hope to follow up on the potential deals and turn them into sustainable trade contracts and distribution partnerships.

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What people are saying

Fajarini PuntodewiTrade Ministry Director General for National Export Development
The achievement is an opportunity to widen trade relations while encouraging sustainable trade contracts and distribution partnerships.
via Tempo EN
Angga Handian PutraHead of the Indonesia Trade Promotion Center in Shanghai
We bring Indonesian exporters together with potential buyers, so business opportunities can develop into sustainable export transactions. We also use this participation as a basis for drafting market penetration strategies.
via Tempo EN