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ARTICLE · 30 MARCH 2014

Trade with Indonesia: Navigating the noodle bowl

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One challenge of trade between Australia and Indonesia is the number of bilateral and plurilateral trade agreements.

AustraliaInternational Law
Jared Heath
Jared Heath
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Trade between Australia and Indonesia offers much promise. For business, this means navigating an increasing number of bilateral and plurilateral trade agreements.

In 2012, trade between Australia and Indonesia reached AUD$14.6 billion. It sounds a lot, yet Indonesia is only Australia's 12th largest trading partner, while Australia is only Indonesia's 10th.

As the region's two largest economies, there is much potential to grow our bilateral trade. There is a natural fit between Indonesian demand, from an expanding number of consumers, and Australian supply, not only of agricultural and resources exports but also services, especially education, finance, healthcare, ICT and tourism.

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