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Nigeria is Indonesia's second largest trade partner in Africa after South Africa, in 2011 the trade value reached US$2.09 billion accounted for 21.66 percent of Indonesia's total trade with Africa. [7] In 2013, the bilateral trade volume between the countries hits $2.2 billion.
This is a list of countries by net goods exports, also known as balance of trade, which is the difference between the monetary value of a nation's exports and imports over a certain time period. [1] The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1 .
The balance however was in favour of China as Indonesia booked a trade deficit of US$14 billion in 2016. [ 132 ] From China's perspective, since 2010 ASEAN as a whole has become its fourth-largest trading partner after the European Union, Japan and the United States.
But China is Indonesia’s largest trading partner, with two-way trade exceeding $127 billion in 2023. Imposing higher tariffs could prompt Chinese manufacturers to invest in more in factories in ...
The current balance in 2013 as a percentage of GDP was 1.6%. Germany for 2013 was 238.61, and 2014 was 285.82 with each quarter between 2013 Q1 through 2015 Q2 ranging from a low of 54.13 in Q3 2013 to a high of 68.89 in Q1 2014. Germany's current account balance in Q2 2015 was up to 68.39. The current balance in Q2 as a percentage of GDP was 8.2%.
World map by trade as a share of GDP [1]. This is a list of countries by trade-to-GDP ratio, i.e. the sum of exports and imports of goods and services, divided by gross domestic product, expressed as a percentage, based on the data published by World Bank.
Indonesia sent the largest hajj pilgrims among Muslim-majority countries. The balance of trade is heavily in favour of Saudi Arabia, because of its oil and gas exports to Indonesia. Migrant worker abuse and death sentences faced by Indonesian workers in Saudi Arabia are the main problems that strained diplomatic relations between two countries.
Balance of trade is the difference between the monetary value of a nation's exports and imports of goods over a certain time period. [1] Sometimes services are also considered but the official IMF definition only considers goods. The balance of trade measures a flow variable of exports and imports over a given period of time. The notion of the ...