Indonesia is known for its abundant natural resources and strategic location, making it one of the world’s major exporters. In this article, we will discuss the top 10 export commodities of Indonesia, which play a significant role in the country’s economy.
Palm Oil
Indonesia is the world’s largest exporter of palm oil, contributing 55% of the global supply. The commodity accounts for 10% of Indonesia’s total exports and is used in various industries such as food, cosmetics, and biofuel. However, the industry has faced criticism for its environmental impact, including deforestation and the loss of biodiversity.
Natural Gas
Natural gas is Indonesia’s second-largest export commodity, accounting for 9% of the country’s total exports. The country has vast reserves of natural gas, making it one of the world’s top producers. Indonesia exports natural gas primarily to Japan, South Korea, and China.
Coal
Coal is Indonesia’s third-largest export commodity, contributing 7% of the country’s total exports. The coal industry is a significant contributor to the country’s economy, providing jobs and revenue. However, the industry has faced criticism for its environmental impact, including air and water pollution.
Crude Petroleum
Crude petroleum is Indonesia’s fourth-largest export commodity, accounting for 4% of the country’s total exports. The commodity is primarily exported to Japan, Singapore, and Thailand. Indonesia is a member of OPEC and is a significant producer of crude petroleum.
Copper Ore
Copper ore is Indonesia’s fifth-largest export commodity, contributing 3% of the country’s total exports. The commodity is primarily exported to China, Japan, and South Korea. Indonesia has significant reserves of copper, making it one of the world’s top producers.
Electrical Equipment
Electrical equipment is Indonesia’s sixth-largest export commodity, accounting for 2% of the country’s total exports. The commodity is primarily exported to the United States, China, and Japan. Indonesia has a growing electronics industry, producing items such as televisions, phones, and computers.
Rubber
Rubber is Indonesia’s seventh-largest export commodity, contributing 2% of the country’s total exports. The commodity is primarily exported to China, Japan, and South Korea. Indonesia is one of the world’s largest producers of natural rubber.
Gold
Gold is Indonesia’s eighth-largest export commodity, accounting for 2% of the country’s total exports. The commodity is primarily exported to Switzerland, Singapore, and Thailand. Indonesia has significant reserves of gold, making it one of the world’s top producers.
Footwear
Footwear is Indonesia’s ninth-largest export commodity, contributing 1% of the country’s total exports. The commodity is primarily exported to the United States, Japan, and Australia. Indonesia’s footwear industry is known for its quality and affordability.
Plywood
Plywood is Indonesia’s tenth-largest export commodity, accounting for 1% of the country’s total exports. The commodity is primarily exported to the United States, Japan, and China. Indonesia has a thriving plywood industry, producing various types of plywood for construction and furniture.
Conclusion
Indonesia’s diverse economy has allowed the country to become one of the world’s major exporters. The top 10 export commodities, including palm oil, natural gas, coal, crude petroleum, copper ore, electrical equipment, rubber, gold, footwear, and plywood, play a significant role in the country’s economy. While these commodities provide jobs and revenue, the industries have faced criticism for their environmental impact, highlighting the importance of sustainable practices for future growth.
