Indonesia–Spain relations refers to the bilateral relations of Indonesia and Spain. Spain identifies Indonesia as their natural ally and has named Indonesia as one of priority nation in their foreign relations with Asian region. Indonesia has an embassy in Madrid and consulates in Barcelona and Las Palmas, while Spain has an embassy in Jakarta and a consulate in Seminyak, Bali. Today the cooperation has expanded to various fields, from trade, culture to education and defense technology sector.
On 5–8 February 2007, Spanish Queen Sofía visited Indonesia, and inspected Spain's aid projects for reconstruction in Aceh and Nias after the destruction of the December 2004 Indian Ocean tsunami, also a nature conservation project in Gunung Leuser National Park. The queen visited Banda Aceh, Medan, Nias, and Jakarta to pay courtesy call to Indonesian PresidentSusilo Bambang Yudhoyono. During her visit, the queen expressed her admiration and astonishment of how well Indonesia manages its country despite the enormous diversity of its people.
Technology and defense cooperation
Since the 1980s Spain and Indonesia have embarked on strategic partnership in aeronautics technology, Spain's CASA and Indonesia's IPTN co-designed and co-produced the CN-235 medium transport aircraft. Later Spain has developed it further into C-295 model and assigned Indonesia for its joint production and as distributor in Asian region, previously Indonesia has ordered nine C-295s. In 2013 Spain and Indonesia have signed a memorandum of understanding to improve the defense cooperation, which include education, planning, innovation, logistical support and acquisition of defense products.
Trade and investments
Total value of trade between two nations reached US$1.92 billion in 2008, US$2.08 billion in 2009, and US$2.18 billion in 2010. The balance of trade mostly in favour to Indonesia, with surpluses from the period 2005–2010, in 2009 Indonesia recorded US$1.58 billion surplus and US$1.62 billion surplus in 2010. Spain ranked the 14th place of Indonesia's export partners that buys coal, copper, palm oil, natural rubber, and electronics. On the other hand, Spain sells airplanes, aluminum, cigarette paper and pharmaceuticals to Indonesia. Spain's investment in Indonesia is considered not to have reached its true potential since there are room to grow. In five years period, Spain's investment has reached the value of US$48.9 million in 17 projects, mainly on construction, chemical and pharmaceutical, transportation, logistics, storage and communications sectors, mostly located in Java and Bali.