Indonesian Trade Ministry achieves significant transaction figures at the Arab Health medical equipment exhibition in Dubai, UAE.

The Indonesian Trade Ministry reported transactions amounting to US$13.16 million during the Arab Health medical equipment exhibition held from January 29 to February 1, 2024, at the Dubai World Trade Center (DWTC) in the United Arab Emirates (UAE).

Didi Sumedi, the Ministry’s Director General of National Export Development, disclosed that this figure represented a notable increase of 43.83 percent compared to the transaction achievements recorded in 2023.

The transactions encompassed a potential value of US$12.08 million and the signing of a trade contract worth US$1.07 million with countries including Qatar, the UAE, Bahrain, Ethiopia, and Oman. Additionally, a procurement agreement for hospital furniture products valued at US$825 thousand was reached with the Czech Republic.

According to Sumedi, the exhibition attracted significant interest from buyers, particularly in medical equipment such as syringes, sphygmomanometers, stethoscopes, hospital equipment, ceraspon, hemostatic sponges, and infusion pumps. The largest buyers hailed from Mauritius, Morocco, the UAE, India, and Saudi Arabia.

Participation in the Arab Health Exhibition is viewed as a strategic move by Indonesia to capitalize on global demand for medical equipment. Sumedi emphasized that showcasing Indonesian medical equipment at the event aligns with evolving trends in the global market.

Indonesia’s medical equipment sector has demonstrated consistent growth over the past five years, averaging 4.56 percent annually. In 2023 alone, the industry experienced a growth rate of 6.83 percent, indicating a positive trajectory.

The Ministry continues to facilitate increased exports of Indonesian products through various initiatives, including trade promotions, missions, business matching, and leveraging trade agreements such as the Indonesia-United Arab Emirates Comprehensive Economic Partnership Agreement (I-UAE CEPA). Dubai, as a trade hub, provides Indonesian businesses access to markets across the Middle East, North Africa, Europe, and South Asia regions.

Source: Antara News