Indonesia - Export Development Canada (EDC)
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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 GDP932.25 Billion USD
Population258.188 Million
Total Trade/GDP38.70%
CurrencyIndonesian Rupiah (IDR)
Merchandise Imports from Canada1,456.26 Million CAD
Canadian direct investment2,590 Million CAD
Main importsRaw Materials & Auxiliary Materials, Capital Goods, Consumer Goods, Unclassified Imports

EDC in Indonesia

Canadian companies assisted118
International buyers insured280
Business volume988.37 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, the country is Canada's largest trading partner and top destination investment in the region. While commodities continue to drive economic growth,  the Indonesian government is taking steps 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' demand for modern consumer goods and technologies. Indonesia presents many opportunities in a variety of sectors, however, bureaucracy, lack of transparency and inadequate infrastructure continue to threaten investors. That said, the government has committed itself to combatting these issues and the business environment is showing signs of improvement. In order to succeed in Indonesia, 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

  • Aerospace
  • Oil & Gas
  • Power
  • Satellite
  • 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.

 

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