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Indonesia Market Overview
General
Western Australia has the largest trading relationship with Indonesia of any Australian state or territory.
Western Australia accounted for 30 per cent of Australia’s exports to Indonesia in 2022, worth $3.8 billion.
Indonesia is forecast to be the world’s 5th largest economy by 2030.
Indonesia is home to more than 500 ethnic groups, where more than 700 languages and dialects are spoken.
Indonesia is made up of 18,110 islands and islets of which about 6,000 are inhabited.
Approximately 2,500 Australian companies are exporting to Indonesia.
Energy Transition
Indonesia is the fifth biggest energy consumer in Asia (behind China, India, Japan and South Korea) and the largest of the ASEAN countries.
International Education
There are over 1,000 enrolments from Indonesian students in Western Australia. Year-to-date enrolments from Indonesian students in Western Australia were 35 per cent higher in May 2023 compared to May 2022.
Primary Industries
In 2022, Indonesia was Western Australia’s 3rd largest market for agri-food exports (behind China and Japan).
In 2022, Indonesia was Western Australia’s largest market for live animal exports and the second largest market for wheat exports.
Creative Industries & Digital Economy
There are 126 million mobile phones in use in Indonesia. Indonesia’s internet economy is forecasted to be worth USD $130 billion by 2025.
In 2020, Indonesia had more than 2,000 digital start-ups and 5 tech unicorns.
Tourism
Indonesia is a top 10 market for international visitors to Western Australia and (outside of pandemic years) Indonesia has consistently been the largest market for Western Australians travelling overseas. Indonesian travellers visiting Western Australia for leisure have an average stay length of 16 nights.