Trade Diversification needed to ensure continued trade growth between Indonesia and The Netherlands

Indonesia has long been known in the Netherlands and in Europe as leading producers for agricultural commodities especially crude palm oil and its derivatives. Nevertheless, within the past few years, high-end finished products from Indonesia such as sport bicycles and custom made guitar already entered into the Dutch market.

The event was co-organized by the Embassy of Indonesia in The Hague, the Indo Business Club Foundation and the Rotterdam Business School (part of Rotterdam UAS). The forum focuses on bilateral trade between Indonesia and The Netherlands to encourage more business relations between small and medium enterprises in both countries. Similar forum was held last year focusing on promoting investment cooperation between the two countries.  

Ambassador Puja further stressed that excellent relation between Indonesia and the Netherland is also reflected on the bilateral trade relations. According to the Dutch CBS’s data the declining trend in bilateral trade since 2012 has bounced back since 2015 with 1,2% growth in 2015 and 4,8% growth in 2016. While dominant export products from Indonesia such as palm oil and its derivatives and chemicals should be maintained further, the Ambassador stressed the need for diversification in trade products. For example, he noted that trade in coffee, tea, cacao, and timber is still far from satisfactory and presents rooms for growth. 

The trade forum featured sharing session from two Dutch entrepreneurs on their experiences in doing trade with Indonesia. The Trade Attaché of the Embassy presented trade opportunities and update on trade regulations as well as informing the participants on the 32nd Trade Expo Indonesia (TEI) to be held in Banten, Indonesia, 11-15 October 2017.

After the 2 hours session, the Forum ended with networking dinner where the participants enjoyed Indonesian cuisine and continued the discussion about their interests in Indonesia. 

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