“While the COVID-19 pandemic has heavily affected bilateral trade flows, Indonesia remains our 5th largest trading partner in ASEAN. Around 1,100 European companies are providing employment to 1.1 million Indonesians. Economic ties between the EU and Indonesia will be strengthened by the conclusion of the Comprehensive Economic Partnership Agreement (CEPA). The CEPA will boost overall trade and investment and promote a sustainable relationship in economic, social and environmental terms. Thereby the agreement will contribute to Indonesia’s and the EU’s socio-economic recovery from the COVID-19 crisis. We are determined to conclude the negotiations fast and make them a success for both sides...”
H.E. Vincent Piket, EU Ambassador to Indonesia
The EU was Indonesia’s 5th largest trading partner in 2020. Bilateral trade in goods amounted to €20.6 billion in 2020, with EU exports worth €7.2 billion and EU imports worth €13.4 billion. Meanwhile, Indonesia was the 31st global trading partner for the EU and 5th EU partner in ASEAN. For the EU, Indonesia was the 25th largest import source and 33rd largest export destination in 2020.
This publication provides an overview of the latest trade and investment figures between the EU and Indonesia, covering trade in goods and services and FDI. It gives readers insights into the importance of EU-Indonesia economic relations in the context of ASEAN and the world.
Find out more in the “EU Trade and Investment with Indonesia 2021” booklet. To download, click HERE