About
Indonesia
Country Facts
Capital : Jakarta
Population : 270.6 million
Language : Indonesian / Malay , Javanese , Sudanese , Madurese , Minangkabu
Industries : Petroleum and natural gas , textiles , automotive , electrical appliances , apparel , footwear , mining , cement , medical instruments and appliances , handicrafts , chemical fertilizers , plywood , rubber , processed food , jewelry and tourism
GDP ( US $ billion ): 1,120.1
Natural Resources : Petroleum , tin , natural gas , nickel , timber , bauxite , copper , fertile soils , gold , silver , coal
Major Exports : Oil & gas , coal , electrical appliances , plywood , textiles , rubber
Major Imports : Machinery and equipment , chemicals , fuels , foodstuff
Contact the British Chamber of Commerce Indonesia :
Indonesia is a group of islands located near Malaysia , Singapore , the Philippines and Australia . The country has a population of 269.6 million ( IMF 2020 ), making it a large potential consumer base . In the year to June 2019 , total UK exports to Indonesia amounted to £ 1.4 billion ( ONS , 2020 )
Consistent economic growth
Indonesia ’ s GDP has continued to grow consistently each year since 2014 , with a growth rate of 5 % in 2019 ( IMF , 2020 ). This would lead to an increase of spending power for consumers which UK businesses could benefit from . Despite the COVID-19 pandemic , Indonesia ’ s economy has rebounded in the second half of 2020 and is expected to accelerate in 2021 .
Large Facebook and Twitter markets
Indonesia has over 100 million internet users . It is the world ’ s third-largest Facebook market and fifth-largest Twitter market . Demand from the new middle class is increasing for modern retail and consumer goods , healthcare , education and professional qualifications , information and communications technology ( ICT ), transport , construction , and manufacturing .
Demand of goods and services
In the year to June 2019 , the top goods exported from the UK to Indonesia were metal ores and scrap , pulp and waste paper , road vehicles , toilet and cleansing preparations and medicinal and pharmaceutical products ( ONS , 2019 ).