Indonesian Ambassador to Singapore Suryo Pratomo noted in a statement on Tuesday that the products showcased in the Indonesian Pavilion at the expo were the result of coordination between the Indonesian Ministry of Trade, through the Singapore Trade Attaché, and the Indonesian Embassy in Singapore.
"Indonesia's participation in the 2025 FHA is a form of collaboration among the government (entities), state-owned banks, Bank Indonesia, and private sector players. This momentum highlights the importance of collaboration in promoting Indonesian products," Pratomo remarked.
He stated that the exhibition generated a total value of US$43.7 million from seven export contracts worth US$32.2 million for products, such as cocoa and chocolate, honey, and organic spices.
Additionally, dozens of potential transactions estimated to reach US$11.5 million were identified for products in demand, such as instant noodles, organic snacks, and various spices.
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Meanwhile, Director General of National Export Development of the Indonesian Ministry of Trade, Fajarini Puntodewi, stated that food and beverage products are the main backbone of the Indonesian industry and have supported exports over the 2020-2024 period, with an annual growth of 10.55 percent in 2024.
She also hopes the promotion of Indonesian food and beverage products will continue to grow through intensifying cooperation in various sectors.
"The Ministry of Trade encourages consistent and sustainable promotional efforts by strengthening cooperation with banks, state-owned enterprises, and other sectors," she noted.
In January 2025 alone, Indonesia's total trade with Singapore amounted to US$2.27 billion.
Specifically for non-oil and gas trade, Indonesia's exports to Singapore were recorded at US$583 million while imports from Singapore stood at US$549.20 million.
Meanwhile, total trade in the five years (2020-2024) grew at 9.42 percent, with total trade in 2024 recorded at US$33.72 billion.
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Translator: Maria Cicilia G P, Resinta Sulistiyandari
Editor: Yuni Arisandy Sinaga
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