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Friday, 22 March 2024 21:26

Indonesian Household Appliance Products Record IDR 133 Billion Transactions in the US Featured

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The Indonesian Ministry of Trade recorded that Indonesian household appliance products have reached potential transactions of USD 8.88 million or around 133 billion rupiah at “ the  Inspired Home Show 2024 “ exhibition. The event was held on 17th–19th March 2024 in McCormick Place, Chicago  United States. Consul General of the Republic of Indonesia Chicago, Listyowati in Jakarta on  Wednesday (20/3)  conveyed that this value has tripled compared to transaction achievements in the previous year's participation. Listyowati in hopes that  the “ Inspired Home Show  2024 “ exhibition  can be utilized optimally to get to know the American market and expand networks, so it builds the good image of quality Indonesian products. Moreover,  recording transactions and even it will  increase the value of exports in the future.

The Indonesian Pavilion presented eight companies exhibiting quality and value-added/environmentally friendly, recycled sustainable products, household equipment and equipment products and products with new innovations.  More than 100 retail companies visited the Indonesian Pavilion during the exhibition. In 2024,  potential buyers are more varied.  Apart from the United States,  the Indonesian Pavilion was visited by buyers including from Canada,  Mexico,  Brazil,  Argentina, Panama,  England,  Germany,  United Arab Emirates,  India,  South Korea,  China, Spain,  Italy,  Netherlands and Peru.

Meanwhile, the Head of Indonesian Trade Promotion Center in Chicago,  Iska Huberta Sinurat explained the most popular products are wooden tableware,  glassware,  home decorations and unique added value,  recycled products,  as well as environmentally friendly products. According to Iska,  at the  exhibition in 2024,  there were many importers, buyers at the Indonesian Pavilion who wanted to move their production centers to Indonesia. The  Indonesian Trade Promotion Center also received requests from other product producers from Indonesia for similar purposes. Based on Global Trade Atlas data -S&P Global,  in 2023 the value of United States imports for household equipment products from the world,  amounted to 455 billion US dollars,  decreased 2.25 percent from 2022.  For this sector,  Indonesia's exports to America were recorded at 7.4 billion US dollars. Iska emphasized,  from this data it can be seen that the opportunity for Indonesian products to meet the American household equipment product market is still wide open//

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