Canada Indonesia. Michaël Lambert-Racine. Publication No E 12 June 2014

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1 Canada Indonesia Publication No E 12 June 2014 Michaël Lambert-Racine Economics, Resources and International Affairs Division Parliamentary Information and Research Service

2 The Library of Parliament Trade and Investment series provides information on Canada s trade and investment relationship with the world and with selected countries. The series also describes the merchandise trade relationship that each of Canada s 10 provinces and three territories has with the world. These publications are prepared by the Parliamentary Information and Research Service, which carries out research for and provides information and analysis to parliamentarians and Senate and House of Commons committees and parliamentary associations. Library of Parliament, Ottawa, Canada, 2014 Canada Indonesia (Trade and Investment Series) Publication No E Ce document est également publié en français.

3 CONTENTS MERCHANDISE TRADE... 1 PRODUCTS... 2 SERVICES AND INVESTMENT... 3 LIBRARY OF PARLIAMENT i PUBLICATION NO E

CANADA INDONESIA Merchandise Trade Figure 1 In 2013, Canada Indonesia merchandise trade totalled $3.3 billion, comprised of $1.9 billion in Canadian exports to, and $1.

5 CANADA INDONESIA Merchandise Trade Figure 1 In 2013, Canada Indonesia merchandise trade totalled $3.3 billion, comprised of $1.9 billion in Canadian exports to, and $1.4 billion in imports from, Indonesia. The value of Canada s exports to Indonesia increased by 13.7% between 2012 and 2013, while the value of Canada s imports from the country grew by 4.6%. Indonesia was Canada s 16 th largest export destination worldwide in In that year, it was Canada s 34 th largest source of imports globally Merchandise Trade Balance Exports Imports ($ billions) Over the 2008 to 2013 period, the value of Canada s exports to Indonesia grew at an average annual rate of 5.4%, compared to a decrease of 0.5% worldwide. The value of Canada s exports to the country as a share of the value of Canada s total exports increased from 0.3% in 2008 to 0.4% in The value of Canada s imports from Indonesia increased at an average annual rate of 5.0% over the 2008 to 2013 period, compared to 1.8% worldwide. The value of Canada s imports from the country as a share of the value of Canada s total imports grew from 0.2% in 2008 to 0.3% in At the provincial/territorial level, Saskatchewan and Quebec together accounted for 58.3% of the value of Canada s exports to Indonesia in 2013, with exports valued at $728.9 million and $386.2 million respectively. Over the 2008 to 2013 period, the fastest-growing provincial exporters to Indonesia were Nova Scotia, Newfoundland and Labrador, and Prince Edward Island, with average annual growth rates of 141.3%, 80.1% and 48.8% respectively. Average yearly growth (%): Figure 2 Importance to Canada Indonesia World Exports Imports Exp. Imp Figure 3 Share of total trade (%): Exports by Province/Territory 2013 (%) Manitoba 4.6 B.C. 8.4 Atlantic 8.1 Territories 0.0 Alberta 14.8 Ontario Sask Quebec 20.2 All figures were prepared using Statistics Canada data available in spring The merchandise trade data are customs-based; the services trade and foreign direct investment data are balance of payments-based. Numbers in this paper have been rounded. LIBRARY OF PARLIAMENT 1 PUBLICATION NO E

6 CANADA INDONESIA Products Figure 4 In 2013, manufactured goods accounted for 50.2% of the value of Canada s exports to Indonesia, with resource-based goods representing the remaining 49.8%. This composition had changed since 2008, when resource-based goods and manufactured goods accounted for 60.8% and 39.2% respectively of the value of Canada s exports to the country. Canada s highest-valued exports to Indonesia in 2013 were potash, wheat and aircraft, which together accounted for 63.7% of the value of Canada s exports to the country. The value of Canadian potash and aircraft exports to Indonesia increased from $366.1 million and $17.8 million respectively in 2008 to $474.9 million and $305.0 million respectively in The value of Canadian wheat exports to the country declined from $471.4 million in 2008 to $438.5 million in In 2013, manufactured goods represented 93.4% of the value of Canada s imports from Indonesia, with resource-based goods accounting for the remaining 6.6%. This composition had changed somewhat from 2008, when manufactured goods and resource-based goods accounted for 89.3% and 10.7% respectively of the value of Canada s imports from the country. Canada s highest-valued imports from Indonesia in 2013 were rubber, cameras and transmission equipment, and knitted sweaters, which together accounted for 23.5% of the value of Canada s imports from the country. The value of Canadian rubber, cameras and transmission equipment, and knitted sweater imports from the country increased from $210.1 million, $32.4 million and $25.0 million respectively in 2008 to $225.0 million, $53.0 million and $45.3 million respectively in In 2013, Canada had a trade surplus with Indonesia in the product categories of agriculture and food, transportation equipment, other manufactured goods and other products. It had a trade deficit with the country in all other product categories in that year. Major Export Products Fertilizers Cereals Aircraft and parts 2008 Wood pulp, scrap paper 2013 Machinery and equipment Food waste, animal feed Fish, seafood Figure 5 Major Import Products Rubber, articles thereof Electrical, electron., etc. Clothing, apparel (knitted) Clothing, apparel (woven) Footwear Machinery and equipment Furniture, prefab buildings Figure 6 Balance by Category Agriculture and food Metals, mines, energy Clothing, textiles, etc Machinery and equipment 2013 Transportation equipment Other manufactured goods Other All figures were prepared using Statistics Canada data available in spring The merchandise trade data are customs-based; the services trade and foreign direct investment data are balance of payments-based. Numbers in this paper have been rounded. LIBRARY OF PARLIAMENT 2 PUBLICATION NO E

7 CANADA INDONESIA Services and Investment Figure 7 In 2011, the most recent year for which data are available, Canada Indonesia services trade totalled $311.0 million, comprised of $204.0 million in Canadian exports to, and $107.0 million in imports from, Indonesia. The value of Canada s services exports to Indonesia increased by 9.1% between 2010 and 2011, while the value of Canada s services imports from the country grew by 23.0%. In 2011, Canada s trade surplus in services with Indonesia was the result of trade in travel services and commercial services. In that year, Canadian travel and commercial services exports to the country were valued at $97.0 million and $71.0 million respectively, while such imports totalled $34.0 million and $9.0 million respectively. Canada had a trade deficit with Indonesia in transportation and government services in Balance Exports Imports Services Trade Figure 8 Services Trade by Type 2011 The stock of Canadian direct investment in Indonesia totalled $3.2 billion in 2013, making it Canada s 25 th largest destination for foreign investment among the 53 countries for which data were available. Canadian direct investment in the country decreased by 1.5% between 2012 and In 2013, the stock of Indonesian direct investment in Canada totalled $4.0 million, making it the 33 rd largest source of foreign investment in Canada among the 39 countries for which data were available. Transportation and government Commercial Travel Exports Imports Figure 9 Data on Indonesian direct investment in Canada from 1993 to 2012 are not available. Foreign Direct Investment ($ billions) Canadian investment in Indonesia Indonesian investment in Canada All figures were prepared using Statistics Canada data available in spring The merchandise trade data are customs-based; the services trade and foreign direct investment data are balance of payments-based. Numbers in this paper have been rounded. LIBRARY OF PARLIAMENT 3 PUBLICATION NO E

Canada Hong Kong. Michaël Lambert-Racine. Publication No E 18 June 2014

Canada Hong Kong. Michaël Lambert-Racine. Publication No E 18 June 2014 Canada Hong Kong Publication No. 24-53-E 8 June 24 Michaël Lambert-Racine Economics, Resources and International Affairs Division Parliamentary Information and Research Service The Library of Parliament