The country is a major exporter of crude petroleum and natural gas. In addition, Indonesia is one of the world’s main suppliers of rubber, coffee, cocoa, and palm oil; it also produces a wide range of other commodities, such as sugar, tea, tobacco, copra, and spices (e.g., cloves).
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What are the main products of Indonesia?
Indonesia’s most important export commodities are oil and gas, minerals, crude palm oil, electrical appliances and rubber products. However Indonesia exports of goods and services, as a proportion of GDP, is relatively low at 20%.
What are Indonesia’s exports?
Searchable List of Indonesia’s Most Valuable Export Products
| Rank | Indonesia’s Export Product | 2020 Value (US$) |
|---|---|---|
| 1 | Palm oil | $17,364,812,000 |
| 2 | Coal, solid fuels made from coal | $14,547,621,000 |
| 3 | Gold (unwrought) | $5,541,878,000 |
| 4 | Petroleum gases | $5,452,286,000 |
What is Indonesia’s economy?
Indonesia has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. Indonesia is a member of the Asia-Pacific Economic Cooperation (APEC) and the Association of Southeast Asian Nations (ASEAN).
What are Indonesia’s major imports and exports?
Indonesia has generous natural resources, including crude oil, natural gas, tin, copper, and gold. Its key imports include machinery and equipment, chemicals, fuels, and foodstuffs. Major exports include oil and gas, electrical appliances, plywood, rubber and textiles.
What is Indonesia most known for?
20 Things Indonesia is famous for
- 1) Bali.
- ️ 2) Raja Ampat.
- 3) Borobudur and Prambanan temples.
- 4) Komodo dragon island.
- 5) See orangutans in the wild.
- 6) Nasi Goreng (Fried Rice)
- ️ 7) Rica-rica.
- ♀️ 8) Indonesian locals are very friendly.
What is Indonesia’s main source of income?
Major industrial sectors include petroleum and natural gas, textiles and apparel, mining, footwear, plywood, rubber and chemical fertilisers. The services sector is equally as important to Indonesia’s economy, accounting for 43 per cent of GDP in 2015. Agriculture on the other hand only accounted for 14 per cent.
What is the best product of Indonesia?
Jakarta Shopping Guide: Top 11 Indonesian Products
- Wayang Puppets. Image Courtesy of: Kevin Gessner.
- Congklak (Dakon Board Game) Image Courtesy of: Abby Handayani.
- Batik Textiles. Image Courtesy of: Nazir Amin.
- Indonesian Jewelry. Image Courtesy of: Chie.
- Local Carvings (Wood and Stone)
- Batik Paintings.
- Gamelan.
- Kris (Keris)
Does Indonesia make good products?
Indonesia is popular for its homegrown products, which includes quite a large variety of items. Products produced in Indonesia include palm oil, forest products, medicinal herbs, coffee, and even cocoa.
What are the top 5 exports of Indonesia?
Exports The top exports of Indonesia are Coal Briquettes ($20.3B), Palm Oil ($15.3B), Petroleum Gas ($8.32B), Cars ($4.52B), and Gold ($4.01B), exporting mostly to China ($28.6B), United States ($19.2B), Japan ($16.8B), Singapore ($14.6B), and India ($13.6B).
Is Indonesia richer than Philippines?
In 2016, Philippines per capita GDP was close to two-thirds of that of Indonesia’s; the gap is even bigger in ppp–see table.
How Indonesians Became Richer Than Filipinos.
| Metric | Indonesia | Philippines |
|---|---|---|
| Population | 259 Million | 102 Million |
| Per Capita GDP | $3,834 | $2,640 |
| Per Capita GDP in PPP | $10,385 | $6,938 |
| Inflation Rate | 3.02% | 2.6% |
Why is Indonesia’s economy growing so fast?
Resilient economic growth, low government debt and prudent fiscal management have been cited as reasons for the upgrades and are key in attracting financial inflows into Indonesia: both portfolio flows and foreign direct investment (FDI).
What crops are grown in Indonesia?
Grains, pulses and root crops, i.e. the food crops, include rice, maize, groundnut, soybean, cassava and sweet potato and a number of other crops. The main staple food crop in Indonesia is rice, which is produced mainly in irrigated or lowland systems.
What food does Indonesia export?
Indonesia’s major agricultural exports consist of products of tree crops, including palm and coconut products (33.8 percent), rubber (18.6 percent), coffee, tea and spices (25.9 percent). Indonesia has also had some success at diversifying into higher valued fruits and vegetables (5.8 percent).
What are Indonesia’s natural resources?
The most important minerals found and produced in Indonesia are tin, bauxite, nickel, gold and copper.
What has Indonesia contributed to the world?
11 Great Inventions We Can Thank Indonesia For
- Indomie. Indonesia’s most popular instant noodle brand has also gained admiration from people around the globe.
- Kopiko coffee candy. Long before there was a Starbucks in every corner, Indonesian had created their own convenient caffeine fix.
- Batik.
- Luwak coffee.
- Magno radio.
What makes Indonesia unique?
It is a sovereign state and has an elected legislature. Indonesia has one of the unique cultures in the world. With multiple countries influencing during its colonial era, Indonesia has one of the most diverse cultures in the world. It has a vast collection of natural resources like tin, gold and oil.
What is the race of Indonesia?
Background
| Ethnic groups | Population (million) | Percentage |
|---|---|---|
| Javanese | 95.217 | 40.2 |
| Sundanese | 31.765 | 15.4 |
| Malay | 8.789 | 4.1 |
| Madurese | 6.807 | 3.3 |
What is the most famous show in Indonesia?
5 Best Cultural Shows in Indonesia
- Kecak Dance. Kecak is a form of Balinese dance and music drama, and is one of the reasons why people visit Bali.
- Sendratari Ramayana.
- The Saung Angklung Show.
- Randai.
What is Indonesia the largest producer of?
palm oil
Currently, Indonesia is the world’s largest producer of palm oil and the leading producer of coffee, rubber and cocoa.
Why is Indonesia good for manufacturing?
Indonesian manufacturing maintains two principle advantages: an abundant supply of relatively cheap labor and increasing domestic consumption buoyed by a growing middle-class. Yet the country’s manufacturing potential continues to be limited by a volatile business environment and poor infrastructure.
