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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.
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 .
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.
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 ...
China is Indonesia's biggest trade partner and a major source of foreign investment, while China relies on Southeast Asia's largest economy for mineral resources and sees it as a key partner in ...
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 ...
An Indonesia-Australia deal that eliminates most trade tariffs between the two nations and aims to open up investment, took effect on Sunday, Indonesia's Trade Ministry said. The Indonesia ...
The indirect relationship between France and Indonesia commenced during the early 19th century colonial Dutch East Indies. Since 2011 France and Indonesia have formed a strategic partnership. [2] France has an embassy in Jakarta while Indonesia has an embassy in Paris. The relations between the two nations are important as both are democratic ...