00:00Asia-Pacific Economic Cooperation, or APEC, is a regional cooperation forum of 21 economies around the Pacific Ocean.
00:13APEC's main activities include trade, investment, and economic cooperation.
00:18For Indonesia, APEC is an important organization to strengthen the economy's position in global trade.
00:24Asia-Pacific Economic Cooperation, or APEC, is a regional cooperation forum of 21 economies around the Pacific Ocean.
00:35APEC's main activities include trade, investment, and economic cooperation,
00:41including capacity-building programs to promote growth and prosperity in the Asia-Pacific region.
00:48A few years ago, APEC's high-level conference was held in Lima, Peru on 11-16 November 2024,
00:56with the theme of Empower, Include, Grow.
01:00It includes trade and investment for inclusive growth and interconnection,
01:05innovation and digitalization to promote the transition to a formal and global economy,
01:10as well as sustainable growth for sustainable development.
01:14For Indonesia, APEC is an important organization to strengthen the economy's position in global trade.
01:20In 2023, Indonesia's total trade with APEC's economy reached US$358.62 billion.
01:28That year, Indonesia's export to APEC's economy reached US$188.72 billion,
01:34while Indonesia's import from APEC's economy amounted to US$169.89 billion.
01:42Indonesia enjoyed a trade surplus of US$18.63 billion in Indonesia's export to APEC's economy,
01:49including mineral fuels, petroleum, steel, iron and steel, electronic machines, and vehicles.
01:57While Indonesia's import from APEC's economy, including mechanical equipment,
02:02electronic machines, iron and steel, plastic and goods from it, as well as vehicles.
02:07Tim Liputan, AEDEC Channel
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