Indonesia-Canada Trade Sets Record in 2021

Economics & Macro

Lite

Dzulfiqar Fathur Rahman 01/09/2022 18:30 WIB

URL has been copied

Memuat...

Bilateral trade between Indonesia and Canada reached a record high of US$3.11 billion in 2021, the highest since 1989.

Indonesia-Canada Trade Value (1989–2021)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Indonesia-Canada Trade Sets Record in 2021

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Indonesia-Canada Trade Value (1989–2021)

Download

Source

A Small Font
A Medium Font
A Bigger Font

According to the United Nations Comtrade database, the value of goods traded between Indonesia and Canada reached US$3.11 billion in 2021.

This achievement grew by 29.56% year-on-year (yoy), marking the highest record since 1989, as shown in the graph.

In 2021, Indonesia's goods exports to Canada grew by 34.53% (yoy) to US$1.06 billion, while the value of goods imports increased by 27.14% (yoy) to US$2.05 billion.

Thus, Indonesia recorded a trade deficit with Canada of US$992.36 million in 2021. This deficit increased by 20.09% (yoy) from the previous year's deficit of US$826.33 million.

Indonesia and Canada have maintained diplomatic relations since 1952. Both countries also cooperate through various international organizations, such as the Asia-Pacific Economic Cooperation (APEC) and the G20.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."