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Human Development Indonesia will have the fourth most powerful economy in the world by 2050: PwC report

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jason
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Indonesia makes parts for the German companies and has access to the EU market. 

“This continues to prove BMW’s commitment because we continue to add, so we previously had the 3 Series, 5 Series, 7 Series, then X1, X3, X5, X7, there was also the MINI Countryman and now we locally assemble the BMW 2 Series Gran Coupe. Sport,” said Jodie at the virtual launch of the BMW 2 Series Grand Coupe.

So, Jodie continued, currently, there are 9 models under the BMW Group which are assembled locally in Indonesia. He said that by assembling cars domestically, BMW would transfer technology.

More Indonesian-made BMW Cars 480w, 640w" data-sizes="auto" />

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jason
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  • Bilateral trade in goods between the EU and Indonesia amounted to €20.6 bn in 2020, with EU exports worth €7.2 bn and EU imports worth €13.3 bn.
  • The EU is Indonesia's fifth largest trading partner while Indonesia is the 31th global trading partner for the EU and fifth EU partner in ASEAN in 2020.
  • Bilateral trade in services between EU and Indonesia in 2019 amounted to €7.5 bn in 2019, with EU exports amounting for €5.3 bn and imports amounting to €2.2 bn.
YearsBillionsTrade in goods, € billionsEU importsEU exportsBalance201920202021-1001020-20Highcharts.com
YearsBillionsTrade in services, € billionsEU importsEU exportsBalance2018201920200123456Highcharts.com
YearsBillionsForeign direct investment, € billionsInward stocksOutward stocksBalance20200102030Highcharts.com
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ronnie avatar
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Indonesia already surpassed UK

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