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<\/a><\/p>\nTo realize the plan, Trade Minister Zulkifli Hasan made a 3-day working visit to Cairo, Egypt, on 14 \u2013 16 May 2023 to penetrate the non-traditional markets in Africa and the Middle East for the country\u2019s export commodities, including palm oil.<\/p>\n
“The non-traditional markets in Africa, such as Egypt are potential markets that we should be working on intensively. We\u2019ll meet a number of stakeholders with a view to increasing our trade cooperation in Egypt,” he said during the visit.<\/p>\n
The minister said that Egypt and Iran are two potential big markets that should be tapped for new export markets of its top commodities.<\/p>\n
During his visit, Zulkifli Hasan signed a memorandum of understanding (MoU) on Joint Trade Committee (JTC) with Egypt\u2019s Trade and Industry Minister. In the meantime, Indonesia and Iran are finalizing negotiations on Prefential Trade Agreement (PTA), which is expected to push up their trade relations.<\/p>\n
Djatmiko Bris Witjaksono, Director General of International Trade at Indonesia\u2019s trade ministry said that the Indonesian government has to be creative and innovative in developing new potential markets, as the EU has imposed trade restrictions against its agricultural and forestry products to its market.<\/p>\n
“Egypt, Iran, Saudi Arabia and other countries in the Middle East are emerging markets, which can be tapped as our new export markets,” Djatmiko said during a teleconference on Monday, 22 May 2023.<\/p>\n
“With the establishment of JTC with Egypt and PTA with Iran, our exports, especially palm oil, can be increased from time to time,” he said.<\/p>\n
He pointed out that currently Indonesia\u2019s trade relations with Egypt and Iran are very good. \u201cIn 2022, total trade value between Indonesia and Egypt reached US$1.5 billion, in which Indonesia enjoyed a surplus of USD1.1 billion. Trade with Iran reached US$250 million, of which Indonesia has a surplus of more than US$200. We\u2019re confident that our trade relations with both countries will continually increase,\u201d he said.<\/p>\n
According to him, during January \u2013 March 2023, total trade between Indonesia and Egypt reached US$432.9 million, which declined by 12% compared to that of the same period in 2022 at US$492.1 million. During the period Indonesia\u2019s exports to Egypt reached US$379.4 million while Indonesia\u2019s imports from Egypt amounted to US$53.5 million.<\/p>\n
Indonesia\u2019s main exports to Egypt are palm oil, coffee, coconut, and yarns, while its imports from Egypt are fertilizers, dates, fig fruits, pine, avocado, guava, refined sugar, and natural calcium phosphate. (*)<\/p>\n
Source: Liputan6.com\/Tempo.co<\/em><\/p>\n\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Jakarta \u2013 The Indonesian government is tapping new potential markets for palm oil and other top commodities, after seeing a growing tension of trade relation with European Union (EU) following the recent issuance of European Union Deforestation Regulation (EUDR), which restricts agricultural and forestry products in the market.\u00a0 \u00a0<\/p>\n","protected":false},"author":1,"featured_media":23183,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3708,3709],"tags":[],"class_list":["post-23181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publication","category-recent-news"],"yoast_head":"\n
RI Tapping New Markets In Africa and Middle East - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)<\/title>\n<meta name=\"description\" content=\"The non-traditional markets in Africa, such as Egypt are potential markets that we should be working on intensively. We\u2019ll meet a number..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gapki.id\/en\/news\/2023\/05\/24\/ri-tapping-new-markets-in-africa-and-middle-east\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RI Tapping New Markets In Africa and Middle East - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)\" \/>\n<meta property=\"og:description\" content=\"The non-traditional markets in Africa, such as Egypt are potential markets that we should be working on intensively. 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Asia and the Middle East could become alternative markets for Indonesian palm oil exports after the European Union (EU) implemented its Renewable Energy Directive (RED) II policy, an economist stated. \"It's like the Treaty of Hudaibiyah, it seems like it is detrimental to us, but in fact, it\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/11\/promediateknologi.com_sawit_tangan.jpg?fit=1005%2C598&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/11\/promediateknologi.com_sawit_tangan.jpg?fit=1005%2C598&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/11\/promediateknologi.com_sawit_tangan.jpg?fit=1005%2C598&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/11\/promediateknologi.com_sawit_tangan.jpg?fit=1005%2C598&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":29710,"url":"https:\/\/gapki.id\/en\/news\/2025\/05\/14\/govt-regardless-of-conflict-we-should-open-new-palm-markets\/","url_meta":{"origin":23181,"position":2},"title":"Govt: Regardless Of Conflict We Should Open New Palm Markets","author":"admin","date":"May 14, 2025","format":false,"excerpt":"JAKARTA \u2013 The Agriculture Ministry (Kementan) said the government has opened an option of new export markets for palm oil as a way to mitigate the potential impacts of India \u2013 Pakistan conflict. Palm Oil and Various Palms Director at Kementan\u2019s Plantation Director General, Ardi Praptono said in Jakarta on\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/08\/palmoil_forest_hpnc.co_.id_.jpg?fit=798%2C486&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/08\/palmoil_forest_hpnc.co_.id_.jpg?fit=798%2C486&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/08\/palmoil_forest_hpnc.co_.id_.jpg?fit=798%2C486&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/08\/palmoil_forest_hpnc.co_.id_.jpg?fit=798%2C486&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":22002,"url":"https:\/\/gapki.id\/en\/news\/2022\/09\/26\/palm-oil-makes-way-to-central-europes-markets\/","url_meta":{"origin":23181,"position":3},"title":"Palm Oil Makes Way To Central Europe\u2019s Markets","author":"admin","date":"September 26, 2022","format":false,"excerpt":"KUALA LUMPUR -- Palm oil has penetrated new global markets with at least three new countries, Estonia, Czech Republic and Hungary importing the commodity in recent months. Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin said this shows the commodity has gained greater international acceptance amid the ministry's intense \"Global\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/09\/cpo_palmoil_thepalmscribe.id_.jpg?fit=980%2C545&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/09\/cpo_palmoil_thepalmscribe.id_.jpg?fit=980%2C545&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/09\/cpo_palmoil_thepalmscribe.id_.jpg?fit=980%2C545&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/09\/cpo_palmoil_thepalmscribe.id_.jpg?fit=980%2C545&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":29626,"url":"https:\/\/gapki.id\/en\/news\/2025\/04\/21\/anticipating-usa-tariff-palm-producers-seek-new-markets\/","url_meta":{"origin":23181,"position":4},"title":"Anticipating USA Tariff, Palm Producers Seek New Markets","author":"admin","date":"April 21, 2025","format":false,"excerpt":"JAKARTA -\u00a0Indonesian palm oil companies are seeking new markets in Europe, Africa and the Middle East as they try to protect themselves from the impact of President Donald Trump's trade war, a top industry executive told AFP. Indonesia is the world's biggest producer of the edible oil used in making\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/04\/sawit_kebun_palmoil_palmoilmagazine.com_.jpg?fit=753%2C475&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/04\/sawit_kebun_palmoil_palmoilmagazine.com_.jpg?fit=753%2C475&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/04\/sawit_kebun_palmoil_palmoilmagazine.com_.jpg?fit=753%2C475&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/04\/sawit_kebun_palmoil_palmoilmagazine.com_.jpg?fit=753%2C475&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":26335,"url":"https:\/\/gapki.id\/en\/news\/2023\/06\/13\/gapki-seeking-new-markets-to-tackle-eu-restrictions\/","url_meta":{"origin":23181,"position":5},"title":"GAPKI Seeking New Markets To Tackle EU Restrictions","author":"admin","date":"June 13, 2023","format":false,"excerpt":"JAKARTA \u2013 The Indonesian Palm Oil Association (GAPKI) is now seeking new export markets for palm oil products to compensate the potential reduction in European Union (EU) market which has been increasingly restricted following the application of EU deforestation-free regulation (EUDR). GAPKI Chairman Eddy Martono said that the palm oil\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/01\/palmoil_oilpalm_bangkokpost.com_.png?fit=939%2C597&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/01\/palmoil_oilpalm_bangkokpost.com_.png?fit=939%2C597&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/01\/palmoil_oilpalm_bangkokpost.com_.png?fit=939%2C597&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/01\/palmoil_oilpalm_bangkokpost.com_.png?fit=939%2C597&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/23181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/comments?post=23181"}],"version-history":[{"count":0,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/23181\/revisions"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=23181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=23181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=23181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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