Looking ahead toward future scrap trade opportunities and to offer support to the countries of Southeast Asia as they handle trade diverted from China, ISRI has been conducting proactive outreach with the governments in that region starting with their embassies in Washington.
This week, Senior Director for Government Relations & International Affairs Adina Renee Adler met with officials at the Embassy of Indonesia.
Indonesia has the world’s fourth largest population (and the world’s largest Muslim-majority) consisting of over 300 ethnic groups and a large emerging middle class – GDP per capita is over $12,400. The economy is the largest in Southeast Asia and the world’s 10th largest with a GDP of $1 trillion dollars. Over 40% of Indonesia’s economy is industrial, and U.S. scrap exports to Indonesia in 2017 (i.e., before China’s policies went into effect) were 439kmt recovered paper, 29kmt plastics, 85kmt ferrous and 37kmt aluminum, for a total value of over $187.8 million. In the first half of this year, U.S. scrap exports to Indonesia has already exceeded all of 2017, with over $191.6 million shipped. Because of this, Indonesia is one of the countries ISRI is considering for a trade mission in late 2019.
Adina met with the trade officials at the Indonesian Embassy to discuss this dynamic trade relationship and to explore opportunities for the trade mission and ways ISRI can support the government as it fights to promote responsible recycling and maintain legitimate scrap trade routes. They appreciated ISRI’s offer to share best practices and other resources and pledged to work closely with us on future cooperation in global recycling and trade.
This meeting follows similar outreach we have done with the Royal Thai Embassy and are scheduling with the Embassies of Vietnam, Malaysia, and the Philippines.
Please contact Adina directly
if you have any questions.
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