Indonesian Political, Business & Finance News

RI-Canada trade steady

| Source: JP

RI-Canada trade steady

JAKARTA (JP): Bilateral trade between Indonesia and Canada has
grown steadily over the past few years.

The Canadian embassy said yesterday the combined two-way trade
between Canada and Indonesia had reached C$1.45 billion last
year.

Canadian exports to Indonesia are mainly wheat, wood, pulp,
machinery, mechanical appliances and parts, organic chemicals,
plastics sulfur and asbestos, flight stimulators and electrical
machinery.

The embassy said Indonesian exports to Canada grew 15 percent
to C$626 million last year. The exports were mostly rubber,
apparel, clothing and textile products, electrical machinery and
equipment, wood products, copper ores ad vegetable oils.

Canadian investment in Indonesia is worth C$6.4 billion and
expected to reach C$8 billion in the coming months.

Canadia's ambassador to Indonesia, Gary J Smith, said trade
and investment between Canada and Indonesia was on increasing
rapidly. (09)

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