Indonesian President, Prabowo Subianto, has expressed optimism that the country’s 41st Trade Expo Indonesia will surpass its $17.5bn transaction target, following the signing of 168 memoranda of understanding worth $13.2bn with buyers from 22 countries.
Prabowo, who was represented by the Coordinating Minister for Downstreaming and Energy Transition Affairs and Minister of Energy and Mineral Resources, Bahlil Lahadalia, at the opening ceremony of TEI 2026 on Wednesday, attributed his confidence to the competitiveness of Indonesian products and efforts to expand access to international markets.
The exhibition, held at the Indonesia Convention Exhibition, BSD City, Tangerang, Banten, is expected to attract more international buyers and investors, boost export earnings and strengthen Indonesia’s position in global trade.
In his speech read by Lahadalia, the President recalled that the 2025 edition surpassed its target of more than $16bn, recording transactions worth $22.8bn.
“I received a report from the Minister of Trade and his team that we are targeting total transactions at Trade Expo Indonesia 2026 to reach US$17.5 billion. In 2025, the target was more than US$16 billion, but the actual figure reached US$22.8 billion. I hope this target can be exceeded in 2026,” Prabowo said.
The President disclosed that 16,885 prospective buyers had registered for the exhibition, including 8,092 international buyers from 134 countries.
“I have also received a report that around 16,885 prospective buyers have registered, including 8,092 buyers from abroad representing 134 countries. I welcome our friends. Buyers and investors, welcome to Indonesia,” Prabowo said.
