2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
 GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC
$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

Canada-Indonesia Trade: In 2023, Canada exported $2.01B to Indonesia. The main products that Canada exported to Indonesia were Wheat ($889M), Potassic Fertilizers ($317M), and Soybeans ($169M). Over the past 5 years the exports of Canada to Indonesia have increased at an annualized rate of 1.86%, from $1.83B in 2018 to $2.01B in 2023.

In 2020, Canada exported services to Indonesia worth $96.9M, with Travel ($41M), Government services, n.i.e. ($14.2M), and Communications services ($10.4M) being the largest in terms of value.

Indonesia-Canada Trade: In 2023, Indonesia exported $2.14B to Canada. The main products that Indonesia exported to Canada were Broadcasting Equipment ($334M), Precious Metal Scraps ($88.3M), and Rubber ($77.6M). Over the past 5 years the exports of Indonesia to Canada have increased at an annualized rate of 9.76%,  from $1.35B in 2018 to $2.14B in 2023.

In 2023, Indonesia did not export any services to Canada.

Comparison: In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B). That same year, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $2.01B to Indonesia. The main products exported from Canada to Indonesia were Wheat ($889M), Potassic Fertilizers ($317M), and Soybeans ($169M). During the last 5 years the exports of Canada to Indonesia have increased at an annualized rate of 1.86%, from $1.83B in 2018 to $2.01B in 2023.

In 2018, Indonesia exported $2.14B to Canada. The main products exported from Indonesia to Canada were Broadcasting Equipment ($334M), Precious Metal Scraps ($88.3M), and Rubber ($77.6M). During the last 5 years the exports of Indonesia to Canada have increased at an annualized rate of 9.76%, from $1.35B in 2023 to $2.14B in 2018.

Exports from Canada (Flag) to Indonesia (Flag) (2023)

Exports from Indonesia (Flag) to Canada (Flag) (2023)

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Indonesia
Top Destination
China$70.7B

This map shows whether countries import more from Canada or Indonesia. Each country is colored based on the difference in imports they receive from Canada and Indonesia or the difference in the growth in imports.

In 2023, countries that imported more from Canada than Indonesia included United States ($410B), United Kingdom ($18B), and Mexico ($8.76B).

In 2023, countries that imported more from Indonesia than Canada included China ($70.7B), India ($24B), and Singapore ($15.8B).

Difference in imports from Indonesia (Flag) and Canada (Flag) (2023)

Comparative Advantage Canada - Indonesia

Flow
Scale

This chart compares trade between Canada and Indonesia by product, considering products traded by both, Canada and Indonesia.

During 2023, Canada had a large net trade with Indonesia in the exports of Vegetable Products ($1.08B), Chemical Products ($345M), and Paper Goods ($246M).

During 2018, Indonesia had a large net trade with Canada in the exports of Machines ($641M), Textiles ($345M), and Footwear and Headwear ($161M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Indonesia+$28.3MCoal Briquettes
Top Product Potential Indonesia Canada+$55.7MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Canada and Indonesia. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Indonesia. Similarly, a dot/product with the flag of Indonesia indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and Indonesia (Flag) (2023)

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