CAIRO - Starting 2022, the Cairo Trade Attaché facilitates the export of Indonesian coffee to Egypt with a potential transaction of USD 5.4 million. The transaction was carried out between PT Aka Azhariyah Group from Indonesia and Egypt Coffee Export (Moca Coffee) from Egypt with a trial order worth USD 106 thousand or as many as 2 20 foot containers with a capacity of 40 tons. Furthermore, Egyptian buyers will repeat orders throughout 2022 for 10 containers per month for USD 450 thousand, bringing the total value to USD 5.4 million.
"This export facility is carried out to increase the volume of Indonesia's exports to Egypt, especially in maintaining the trust of Egyptian buyers in Indonesia's superior products. It is hoped that Indonesian business actors can maintain the quality and availability of coffee production. Especially with the increasing demand for coffee products that are increasing every day. For this reason, high concentration is needed in maintaining the coffee supply chain to Egypt," said Trade Attache at the Indonesian Embassy in Cairo, Irman Adi Purwanto.
According to the Indonesian Ambassador to Egypt Lutfi Rauf, even during the pandemic, the movement of Indonesian coffee exports continues to increase. Based on data from BPS, Indonesia's coffee exports to Egypt for the January-November 2021 period amounted to USD 109.80 million, an increase of 67.40 percent compared to the same period last year which amounted to USD 65.59 million. "This proves the high demand for coffee products in Egypt, so it needs continuous efforts and strategies to maintain Indonesia's position in the Egyptian coffee market," he said.
Moca Coffee is a coffee company domiciled in the Shoubra El khema Region, and focuses its coffee marketing in the Delta area, North of Egypt, including exports to several cities in Europe. The potential transaction per month for Moca Coffee from Indonesia is USD 450 thousand and for one year the transaction potential reaches USD 5.4 million.
The total trade between Indonesia and Egypt for the January-October 2021 period is USD 1.50 billion. Indonesia's exports amounted to USD 1.33 billion and Indonesia's imports from Egypt amounted to USD 176 million, thus, Indonesia's trade balance was a surplus of USD 1.15 billion from Egypt. (LM)