National Economy
|
GDP (billion USD)
|
1,42
|
Inflation Rate (%)
|
2,61
|
|
Population (million)
|
280
|
Rate of Unemployment (%)
|
4,82
|
|
Population increase (%)
|
0,74
|
Export (USD-billion)
|
258.8
|
|
GDP per capita (USD)
|
5110
|
Import (USD-billion)
|
221.9
|
|
Turkish firms in Indonesia
|
80
|
|
|
Source:
Ministry of Trade of the RI, Statistics Indonesia, World Bank
Major Trade Partners: China, Japan, Singapore, USA, South
Korea
Major Export Items:Mineral fuels, oils, distillation
products, etc; Animal, vegetable fats and oils, cleavage products, etc;
Electrical, electronic equipment; Rubber and articles thereof
Major Import Items: Mineral fuels, oils, distillation
products, etc; Machinery, nuclear reactors, boilers, etc; Electrical,
electronic equipment; Iron and steel.
Bilateral Commercial and Economic Relations:
Source: Ministry of Trade of the Republic of
Türkiye
Türkiye’s Export and Import with Indonesia (million $)
|
|
2019
|
2020
|
2021
|
2022
|
2023
|
|
Export
|
276
|
213
|
313
|
367
|
410
|
|
Import
|
1281
|
1184
|
1847
|
2781
|
1.888
|
|
Volume
|
1557
|
1397
|
2160
|
3148
|
2.298
|
|
Balance
|
-1005
|
-970
|
-1534
|
-2414
|
-1.478
|
Major Export Items to Indonesia:Tobacco and manufactured
tobacco substitutes; Machinery, nuclear reactors, boilers, etc; Milling
products, malt, starches, inulin, wheat gluten; Commodities not elsewhere
specified
Major Import Items from Indonesia: Animal, vegetable fats
and oils; Manmade staple fibres; Manmade filaments; Rubber and articles
thereof.
As a member of G-20, Indonesia has become the 1st largest economy in
Southeast Asia and the 16th largest economy in the world with a population
of 270 million and a national income of 1.32 trillion USD as of 2021.
The eighth Türkiye-Indonesia Joint Economic Commission (JEC) Meeting was
held on 11-12 October 2017 in Jakarta.
Türkiye’s export to Indonesia reached 410 million USD, while the imports
from Indonesia was realized as 2.7 billion USD in 2022. Indonesia
experienced a trade surplus of 1,47 billion USD with Türkiye in -2023.
Currently, 19 Indonesian companies operate in Türkiye, while 80 Turkish
companies operate in Indonesia.