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China is Indonesia's main export destination. The Central Bureau of Statistics (BPS) recorded Indonesia's export value to the "Land of the Great Wall" in November 2016 reaching US$1.81 billion. This figure surpassed Indonesia's export value to the United States, which reached US$1.33 billion. Japan also became a major export destination with a value reaching US$1.29 billion.
China has been Indonesia's main export destination for the last decade. The large volume of exports means Indonesia will be affected by the economic performance of the "Bamboo Curtain" country. The significant exports to China are partly driven by the trade cooperation agreement between ASEAN and several countries, including China and India.
"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."
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