page_title: Indonesia–South Korea relations
section_title: Economy and trade
hierarchical_section_title: Indonesia–South Korea relations / Economy and trade
caption_attribution_description: Bahasa Indonesia: SBY menerima kunjungan menteri luar negeri Korea Selatan, Yun Byung-se di Bali, 14 Juni 2013
context_page_description: Indonesia–South Korea relations are the bilateral foreign relations between the two nations of Indonesia and South Korea. The two countries sharing a common vision, values and the will to contribute to the international community as middle powers. Both countries are members of G-20 and APEC. Indonesia and South Korea officially established diplomatic relations on 17 September 1973. South Korea has an embassy in Jakarta and Indonesia has an embassy in Seoul. According to a 2014 BBC World Service Poll, 48% of Indonesians view South Korea's influence positively, with 27% expressing a negative view. The Chinese Indonesian merchant Chen Yanxiang visited Korea between the 1390s and the 1410s, the first major contact between the two nations.
context_section_description: In the past, the relations were only developed around trade and investments, such as the forestry and garment sectors. Today the cooperation has been expanded to a number of mega projects and advanced industries. With US$27 billion in bilateral trade, South Korea became the fourth biggest trading partner of Indonesia in 2012. It became the third-biggest foreign investor in Indonesia, with US$1.94 billion in investment.
  There are large numbers of South Korean companies that have been investing and operating in Indonesia, such as Miwon (Daesang Corporation), Lotte, Yong Ma, Hankook Tire, Samsung, LG, Kia Motors, and Hyundai. In 2011, Hankook announced an US$353 million investment into a production plant located in Bekasi, West Java, Indonesia.
caption: President Yudhoyono of Indonesia with South Korean minister for foreign affairs, Yun Byung-se in Bali, June 14th, 2013.
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