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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 GDP861.79 Billion USD
Population255.76 Million
Total Trade/GDP41.96%
CurrencyIndonesian Rupiah (IDR)
Merchandise Imports from Canada1,815.46 Million CAD
Canadian direct investment4,127 Million CAD
Main importsMachinery & Equipment, Mineral Fuels, Manufactured Goods

EDC in Indonesia

Canadian companies assisted106
International buyers insured117
Business volume810.13 Million CAD

Business Environment

Indonesia, the largest economy in Southeast Asia, is a member of the  G20 and a powerhouse within the  ASEAN region. With over 250 million inhabitants, it’s the most populous country in Southeast Asia and boasts a middle class that surpasses the total population of Canada.  While commodities continue to drive economic growth,  the Indonesian government  has announced plans to rebalance the economy and focus more on manufacturing. Not only will this diversify the economy, it will also help to serve the middle class' increasing demand for modern consumer goods and technologies. Indonesia presents many opportunities in a variety of sectors, however, bureaucracy, lack of transparency and  poor infrastructure continue to  threaten foreign investors. In order to succeed in the country, Canadian companies must be prepared to invest the time and resources needed to develop the necessary  local relationships and  conduct strong due diligence prior to entering the market.

Key Industries

  • Advanced Security
  • Aerospace
  • Agriculture
  • Construction & Infrastructure
  • Environmental Infrastructure & Waste
  • Oil & Gas
  • Power
  • Telecom

How we can support your business

Through our representation in Jakarta, we provide on-the-ground 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.

Consult our interactive Country Risk Quarterly report.

 

EDC Representatives

Related Information

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