Report Highlights: Indonesian GDP declined to 4.79 percent in 2015, contrasting with growth rates above 6 percent during 2007 to 2012 period. The Bank of Indonesia expects economic growth will reach between 4.9 and 5.3 percent in 2016 and 5.2 to 5.6 percent in 2017. Indonesia has adopted policies to protect its growing domestic industry from international competition and to help secure its trade balance. Agricultural self-sufficiency is a stated goal of the Indonesian government, and is used to justify trade barriers. Opportunities exist for exporters to serve Indonesia’s tourist market, Indonesia’s aspirational time-sensitive urban population, and Indonesia’s growing food processing industry.
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