Ekonomi Bisnis
Vol 16, No 1 (2011)

ANALYSIS OF THE MUTUAL TRADE BETWEEN THE EU AND INDONESIA

Peter Bielik (Slovak Agricultural University in Nitra, Faculty of Economics and Management)
Luboš Smutka (Czech University of Life Sciences Prague)
Elena Horská (Unknown)
Mansoor Maitah (Unknown)



Article Info

Publish Date
02 Apr 2012

Abstract

Mutual trade between EU countries and Indonesia is a bilateral commodity trade flow exceeding 17 billion Euros. Analysis of the trade between the two entities is an important contribution leading to the definition of the significance that the ongoing cooperation between the EU and Indonesia has. EU is for Indonesia very important trading partner, for EU is Indonesia a strategic political partner. The bilateral trade is currently greatly benefiting Indonesia, however, this market has a potential for EU due to the fact, that it is one of the most populous country in the Asian region and the in world in general. The trade exchange is based on export and import of most basic aggregate commodities; while between the two partners exist significant differences in terms of available comparative advantages. A specificity of the mutual trade is the limited territorial structure of this exchange, as the main volume of transactions is realized between Indonesia and only a few EU countries.   Keywords: EU, Indonesia, mutual, foreign trade, commodity, territory, structure, analysis, competitiveness

Copyrights © 2012






Journal Info

Abbrev

ekbis

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Jurnal Ilmiah Ekonomi Bisnis is a journal through a peer-review process. Jurnal Ilmiah Ekonomi Bisnis is intended for academics and researchers to publish their articles which is an original text that has not been published in another journal. The focus and scope are in the fields of management, ...