Trade & Investment Update

Trade between Indonesia and Australia remains strong amid global uncertainties from geopolitical conflicts and protectionism.

Trade between Indonesia and Australia continues to demonstrate resilience, even amid global economic headwinds.

Merchandise trade in Q3 2024 rose significantly by 20% from USD3 billion in the previous quarter.

Understanding of how IA-CEPA has led to trade diversification and concentration in the bilateral Australia-Indonesia trade.

Total merchandise trade recovered strongly, climbing 23% between Q4 2023 and Q2 2024.

Slight drop in total merchandise (goods) trade bilaterally but with strong performance in services trade, driven by tourism and education.

Bilateral merchandise trade between Indonesia and Australia picked up again over Q2 and Q3 2023.

Mining continues to dominates Australia’s FDI into Indonesia, with USD65 million in Q2 2023, equivalent to 69 per cent of all Australia’s FDI into Indonesia over this period.

Australia-Indonesia bilateral merchandise trade hit an all-time high record after COVID-19.

Gains in total goods trade mark Indonesia-Australia bilateral trade trend.

The rebound in Indonesia-Australia bilateral goods trade continues.

Merchandise trade flows in Indonesia and in Australia remain strong.