RI's Dried Coconut Products Amazed By Egypt, Contract Technology Worth IDR 1.28 Billion
JAKARTA - Indonesian agricultural products are increasingly in international lyrics. One of them is dry scar coconut.
The product has succeeded in attracting buyers or buyers from Egypt.
In fact, registering an export contract of Rp1.28 billion.
This was conveyed by the Indonesian Ambassador to Egypt Lutfi Rauf after witnessing the signing of a trade contract for high-fat dry coconut products (code HS 08011) from PT Indonesia Nua Nusantara Commodities with an Egyptian export-import company, The Egyptian Office for Customs Clearance, Import & Export.
"This signing shows the great potential of Indonesian agricultural products and is expected to be an inspiration for micro, small and medium enterprises (MSMEs) in the agricultural and plantation sectors to continue to improve the quality and competitiveness of their products through downstreaming and innovation of added value," said Ambassador Lutfi in an official statement, Friday, May 2.
The trade contract was signed by the Director of PT Nua Nusantara Commodities Muhammad Adam Ghazani who was accompanied by Deputy Director Muhammad Rayhan Afief with Director of The Egyptian Office for Customs Cleareance, Import & Export Hatim Nagah.
In the initial contract, it was agreed to send as many as one container containing 26 tons of dry Parut coconut with a value of 78,000 US dollars or equivalent to Rp1.28 billion to Damietta Port, Egypt. The total transaction potential in one year is estimated at 936,000 US dollars or Rp15.41 billion.
Meanwhile, Cairo Trade Attache M. Syahran Bhakti said that this trade contract is expected not only to encourage the increase in exports of Indonesian products to Egypt, but also to strengthen the competitiveness of Indonesian products in the global market.
"Egypt has a strategic position that makes it a potential distribution center (hub) for Indonesian products, not only to meet domestic market needs, but also to reach the African region, the Middle East, and surrounding countries," said Syahran.
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Based on data from the Ministry of Trade, the export value of Indonesia's dry scarile to Egypt reached 654,000 US dollars in January 2025.
This figure increased by 101.23 percent compared to the same period in the previous year, which was 325,000 US dollars.
Meanwhile, Indonesia's total export of dried coconut to Egypt reached 5.43 million US dollars, with a market share of 12.41 percent in 2024.
That way, Indonesia competes with other supplier countries, such as Vietnam with a market share of 63.71 percent, Sri Lanka at 9.59 percent, Brazil at 8.58 percent, and India at 0.8 percent in Egypt's dry scarcity market.