Ministry of Commerce intensified work on the export market in the Middle East. Director General of International Trade Cooperation (KPI), Bachrul Chairi said officials and private company CEO of Dubai has committed to working with the trade and invest based on sharia in Indonesia.
"The desire of Dubai in collaboration with Indonesia should be able to put to good use by stakeholders, including the Indonesian business. The economic opportunities offered too big to miss seeing the rapid development of Islamic economics lately as a potential market, the value of consumption, and the value of assets," said Bachrul in a written statement on Tuesday (02/03/2015).
Bachrul representing the Director General of National Export Development (PEN) Nus Nuzulia Isaac had met a delegation Dubai Islamic Economy of the United Arab Emirates (UAE) led by Saed Al Awadi, CEO of Dubai Export Development Cooperation, accompanied by UAE ambassador to Indonesia Ahmed Abdulla Al Musally .
Dubai Islamic Economy delegation consisting of 12 persons who were government officials of Dubai and the CEO and managing director of leading companies of Dubai.
"This meeting is very important for the strategy to achieve the target of tripling exports," he said.
The delegation's visit aims to boost bilateral trade cooperation between the two countries in the Islamic economy / sharia, exploring business-to-business partnership in the long term on Islamic economic sectors are being developed in Dubai. The businessman Dubai also explore other sources of Indonesian halal products for re-export through Dubai.
"We hope this partnership with Dubai can increase the surplus of non-oil exports of Indonesia in 2014 to PEA. We recorded a figure of USD 1.16 billion in 2013," he said.
Dubai itself at the center of the biggest foreign trade PEA because about 85% of foreign trade through Dubai UAE. In addition, the population of Dubai which is only about 1.8 million people have high purchasing power.
Dubai is also a hub of trade with countries in the region surrounding the Middle East, North Africa, Eastern Europe, Central Asia, and South Asia. Approximately 70% of goods are imported, re-exported to other countries in the region. Therefore, Dubai is a very potential market for Indonesian export products.
In addition to the predominantly Muslim market, Dubai is also the largest foreign trading center in the PEA.
"PEA is a potential market that is included in the target market strategy for increasing exports next five years. The cooperation with the Dubai will open up trade and investment opportunities are enormous for Indonesia," he said.
Indonesian trade trend-PEA positive growth during the period 2009-2013 23.37% annually. In 2013, total trade reached US $ 3.4 billion, consisting of non-oil trade reached US $ 2 billion and oil and gas trade amounted to US $ 1.4 billion.
While the value of Indonesian non-oil exports to the UAE stood at USD 1.6 billion and the value of Indonesian non-oil imports from the UAE amounted to US $ 420 million.
Cumulatively in the period January to October 2014, the total value of non-oil trade-PEA Indonesia reached US $ 2.44 billion. If specified, the value of Indonesian non-oil exports amounted to US $ 2.09 billion and non-oil import value of US $ 352.65 million. So that Indonesia still had a surplus of US $ 1.73 million.
Indonesian export products to the PEA in 2013 are articles of jewelry and parts thereofa, of prec metal or clad (HS 7113); palm oil and its fractions, not chemically modified (HS 1511); woven fab of syn fil yarn, incl monofil 67 dec etc (HS 5407); Motor cars & vehicles for transporting persons (HS 8703); and gold (incl put plated), unwr, semimfr or powder (HS 7108).
While the Indonesian imports of PEA in 2013 are cyclic hydrocarbons (HS 2901); aluminum, unwrought (HS 7601); polymers of propylene or of other olefins, Prim forms (HS 3902); polymers of ethylene, in primary forms (HS 3901); and waste and scrap of paper or paperboard (HS 4707).
