Canada Expands Wheat Trade with Indonesia Amid US Tariffs

  • The US tariffs on Canadian goods have spurred Canada to seek alternative markets, including Indonesia.
  • Indonesia’s wheat imports are projected to exceed 12 MMT by 2024/25, driven by urbanization and dietary shifts.
  • The Canada-Indonesia CEPA reduces tariffs, enhancing trade opportunities for Canadian agribusinesses.
  • Instant noodles, bread, and snacks drive Indonesia’s strong demand for wheat imports.
  • Canada, known for high-quality wheat, holds a significant market share in Indonesia’s wheat imports.
  • CEPA benefits include tariff reductions, easing market entry, and fostering long-term trade relations.