Indonesia's Top 10 Export Commodities

February 02, 2023
Indonesia is one of the largest and most diverse economies in the Asia Pacific region and is known for its thriving export industry. With its abundant natural resources, favorable business environment, and strong economic performance, Indonesia is a major player in the global market. In this article, we will take a closer look at the top 10 export commodities in Indonesia.

  1. Crude Petroleum - Indonesia is one of the largest exporters of crude petroleum in the world, with exports valued at $7.3 billion in 2020. The country's vast reserves of oil and gas are a major contributor to its export industry and are in high demand in the international market.
  2. Palm Oil - Indonesia is the world's largest producer of palm oil and is a major exporter of the commodity. Palm oil is used in a wide range of products, including food, cosmetics, and biofuels, and exports of the commodity are valued at $5.8 billion in 2020.
  3. Coal - Indonesia is one of the largest producers of coal in the world and is a major exporter of the commodity. Coal is a key energy source and is in high demand in the international market, with exports valued at $4.4 billion in 2020.
  4. Rubber - Indonesia is one of the largest producers of rubber in the world and is a major exporter of the commodity. Rubber is used in a wide range of products, including tires, gloves, and hoses, and exports of the commodity are valued at $3.1 billion in 2020.
  5. Gasoline - Indonesia is a major producer and exporter of gasoline, with exports valued at $2.7 billion in 2020. The country's abundant reserves of oil and gas are a major contributor to its export industry and are in high demand in the international market.
  6. Coffee - Indonesia is one of the largest producers of coffee in the world and is a major exporter of the commodity. Coffee is a popular beverage and is in high demand in the international market, with exports valued at $2.1 billion in 2020.
  7. Soybeans - Indonesia is a major producer and exporter of soybeans, with exports valued at $1.8 billion in 2020. The country's abundant agricultural land is a significant advantage for its export of food and agricultural products.
  8. Refined Petroleum - Indonesia is a major producer and exporter of refined petroleum, with exports valued at $1.5 billion in 2020. The country's abundant reserves of oil and gas are a major contributor to its export industry and are in high demand in the international market.
  9. Cocoa - Indonesia is one of the largest producers of cocoa in the world and is a major exporter of the commodity. Cocoa is a key ingredient in the production of chocolate and other confectionery products, and exports of the commodity are valued at $1.5 billion in 2020.
  10. Furniture - Indonesia is a major producer and exporter of furniture, with exports valued at $1.3 billion in 2020. The country's favorable business environment and low-cost manufacturing capabilities make it an attractive destination for companies looking to reduce their production costs.

In conclusion, Indonesia's top 10 export commodities are a reflection of its diverse product portfolio and strong economic performance. With its abundant natural resources, favorable business environment, and thriving export industry, Indonesia is well-positioned to continue its growth and success in the global market.