Indonesia is a country rich in natural resources and has a diverse economy. The country’s economy is largely driven by its exports, which contribute significantly to its growth. Indonesia’s exports are made up of a variety of products, including agricultural products, minerals, and manufactured goods. In this article, we will discuss the top 10 export commodities in Indonesia.
1. Palm Oil
Palm oil is the most important export commodity in Indonesia. It is used in a wide range of products, including food, cosmetics, and biodiesel. Indonesia is the largest producer of palm oil in the world, accounting for more than half of global production. The country’s palm oil exports are valued at over $20 billion annually.
2. Coal
Coal is the second largest export commodity in Indonesia, with the country being one of the largest coal producers in the world. The majority of Indonesia’s coal is exported to countries in Asia, including China and India. The value of Indonesia’s coal exports is over $10 billion annually.
3. Natural Gas
Indonesia is also a major exporter of natural gas, with the country having significant reserves of the resource. The majority of Indonesia’s natural gas exports are sent to Japan, South Korea, and China. The value of Indonesia’s natural gas exports is over $8 billion annually.
4. Crude Petroleum
Crude petroleum is another important export commodity in Indonesia. The country is the largest producer of crude petroleum in Southeast Asia and has significant reserves of the resource. The majority of Indonesia’s crude petroleum exports are sent to countries in Asia, including Japan and Singapore. The value of Indonesia’s crude petroleum exports is over $7 billion annually.
5. Rubber
Indonesia is also a major producer and exporter of rubber, with the majority of the country’s rubber exports going to countries in Asia, including China and Japan. The value of Indonesia’s rubber exports is over $4 billion annually.
6. Mineral Fuels
Mineral fuels, including petroleum gases and other hydrocarbons, are an important export commodity in Indonesia. The majority of Indonesia’s mineral fuel exports are sent to countries in Asia, including Japan and China. The value of Indonesia’s mineral fuel exports is over $3 billion annually.
7. Copper Ore
Copper ore is another important export commodity in Indonesia. The country is a major producer and exporter of the resource, with the majority of Indonesia’s copper ore exports going to countries in Asia, including China and Japan. The value of Indonesia’s copper ore exports is over $3 billion annually.
8. Textiles
Textiles are an important export commodity in Indonesia, with the majority of the country’s textile exports going to countries in Asia, including the United States, Japan, and South Korea. The value of Indonesia’s textile exports is over $2 billion annually.
9. Gold
Indonesia is also a major producer and exporter of gold, with the majority of the country’s gold exports going to countries in Asia, including Singapore and Hong Kong. The value of Indonesia’s gold exports is over $1 billion annually.
10. Tin
Tin is another important export commodity in Indonesia, with the country being one of the largest tin producers in the world. The majority of Indonesia’s tin exports are sent to countries in Asia, including China and Malaysia. The value of Indonesia’s tin exports is over $1 billion annually.
Conclusion
Indonesia’s economy is heavily reliant on its exports, with the country having a diverse range of export commodities. The top 10 export commodities in Indonesia are palm oil, coal, natural gas, crude petroleum, rubber, mineral fuels, copper ore, textiles, gold, and tin. These commodities contribute significantly to Indonesia’s growth and development.
