 Indonesia established its embassy in Kiev in 1994, while Ukraine opened its embassy in Jakarta in 1996.In 2011, the total trade volume between two nations has reached US$1.27 billion, and increased to US$1.32 billion in 2012.The trade balances between two nations is in favour to Ukraine; the Indonesian export value to Ukraine in 2012 was US$548.9 million, while Indonesia's import value from Ukraine for the same year was US$774.1 million.