Indonesia is known as a country with abundant natural resources. One of the sectors that contribute significantly to the country’s economy is the non-oil and gas export sector, also known as “komoditas ekspor Indonesia non migas”. It is not only a crucial source of foreign exchange for the country, but also a key factor in driving economic growth. In this article, we will discuss the top export commodities in Indonesia, which have been the backbone of the country’s economy for many years.
Palm Oil
Palm oil is the most significant export commodity in Indonesia, and the country is the world’s largest producer and exporter of this product. The oil is used in various industries such as food, cosmetics, and biofuel, making it a versatile product. In 2019, Indonesia’s palm oil exports reached 36.18 million tons, generating USD 23.7 billion in revenue. The demand for palm oil is expected to continue to increase, which will further boost the country’s economy.
Rubber
Rubber is another major export commodity in Indonesia and is primarily used in the automotive and construction industries. Indonesia is the world’s largest producer of natural rubber, and the product is exported to various countries worldwide. In 2019, Indonesia’s rubber exports reached 2.98 million tons, generating USD 4.3 billion in revenue. The country’s rubber industry employs over three million people, making it an essential source of livelihood for many Indonesians.
Tin
Tin is one of the significant mineral resources in Indonesia, and the country is the world’s second-largest producer of this commodity. The metal is widely used in various industries such as electronics, packaging, and construction. In 2019, Indonesia’s tin exports reached 85 thousand tons, generating USD 695 million in revenue. The demand for tin is expected to continue to grow, which will further boost the country’s economy.
Coffee
Indonesia is the fourth-largest coffee producer in the world, and the country is renowned for its high-quality coffee beans. The coffee industry provides employment opportunities for over seven million people across Indonesia. In 2019, Indonesia’s coffee exports reached 366 thousand tons, generating USD 1.33 billion in revenue. The demand for Indonesian coffee is expected to continue to grow, which will further boost the country’s economy.
Cocoa
Cocoa is another essential export commodity in Indonesia, and the country is the third-largest producer of cocoa in Asia. The product is used in the production of various goods such as chocolate, cosmetics, and food products. In 2019, Indonesia’s cocoa exports reached 350 thousand tons, generating USD 1.2 billion in revenue. The cocoa industry provides employment opportunities for over two million people, making it an essential source of livelihood for many Indonesians.
Crude Palm Oil (CPO)
Crude Palm Oil (CPO) is another essential export commodity in Indonesia. CPO is extracted from palm oil fruits and is widely used in various industries such as food, cosmetics, and biofuel. In 2019, Indonesia’s CPO exports reached 25.6 million tons, generating USD 16.5 billion in revenue. The demand for CPO is expected to continue to grow, which will further boost the country’s economy.
Natural Gas
Natural gas is Indonesia’s most significant source of energy and is primarily used for electricity generation. The country has the ninth-largest natural gas reserves in the world, and the product is exported to various countries worldwide. In 2019, Indonesia’s natural gas exports reached 15.4 billion cubic meters, generating USD 6.1 billion in revenue. The demand for natural gas is expected to continue to grow, which will further boost the country’s economy.
Copper
Copper is an essential metal used in various industries such as construction, electronics, and transportation. Indonesia is the world’s third-largest producer of copper, and the product is exported to various countries worldwide. In 2019, Indonesia’s copper exports reached 1.1 million tons, generating USD 3.4 billion in revenue. The demand for copper is expected to continue to grow, which will further boost the country’s economy.
Nickel
Nickel is another significant mineral resource in Indonesia, and the country is the world’s largest producer of this commodity. The metal is widely used in various industries such as stainless steel production, batteries, and electronics. In 2019, Indonesia’s nickel exports reached 24.8 million tons, generating USD 1.8 billion in revenue. The demand for nickel is expected to continue to grow, which will further boost the country’s economy.
Coal
Coal is Indonesia’s most significant source of energy and is widely used for electricity generation. The country has the world’s largest coal reserves, and the product is exported to various countries worldwide. In 2019, Indonesia’s coal exports reached 429 million tons, generating USD 24.5 billion in revenue. The demand for coal is expected to continue to grow, which will further boost the country’s economy.
Conclusion
The non-oil and gas export sector or “komoditas ekspor Indonesia non migas” is a crucial source of foreign exchange for Indonesia, and the country’s economy heavily relies on it. The top export commodities in Indonesia, including palm oil, rubber, tin, coffee, cocoa, crude palm oil, natural gas, copper, nickel, and coal, have been the backbone of the country’s economy for many years. The demand for these commodities is expected to continue to grow, which will further boost the country’s economy and contribute to its economic growth.
