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Indonesia

EDC Position-open all programs

EDC's Position

  • Key EDC Market
  • Actively pursuing business
  • Open under all programs, subject to regular approval criteria

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Country At A Glance

Flag of Indonesia
Map of Indonesia

Country Facts

Nominal GDP888.54 Billion USD
Population253.29 Million
Total Trade/GDP48.20%
CurrencyIndonesian Rupiah (IDR)
Merchandise Imports from Canada2,028.02 Million CAD
Canadian direct investment4,318 Million CAD
Main importsMachinery & Equipment, Mineral Fuels, Manufactured Goods

EDC in Indonesia

Canadian companies assisted109
International buyers insured194
Business volume725.99 Million CAD

Business Environment

Indonesia is Canada’s largest export market in the Association of South Eastern Nations (ASEAN) region. Indonesia is also the top destination for Canadian FDI in ASEAN. The sovereign rating of Indonesia was upgraded to investment grade by major rating agencies in 2012. Upgrading and developing the infrastructure in the country is top priority for the Indonesian Government as infrastructure deficit has been identified as a major impediment to Indonesia’s economic growth. Indonesia is resource rich and a leading producer of thermal coal, tin, nickel and LNG. Regulations governing foreign ownership of mining properties and the requirement to set up smelting facilities to process and refine mineral ores in Indonesia are being enforced by the government. Prohibition on the export of unprocessed mineral ores has come into effect in 2014. Working with local partners such as agents or distributors is an effective way to gain entry into this market.

Key Industries

  • Agriculture
  • Construction & Infrastructure
  • Consumer Goods
  • Machinery - Packaging, Industrial & Analytical Instruments
  • Power
  • Telecom

How we can support your business

Through our representation in Singapore, we provide regional support to Canadian companies planning on or currently doing business in Indonesia. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.

  • We are well positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.
 

EDC Representatives

Related Information

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