Commodities of Indonesia
Indonesia's abundance and variety of natural resources, primarily mining and agricultural commodities, is a vital asset to the country's economy (and government revenues). However, lacking advanced domestic processing industries, means that Indonesia is quite dependent on exports of raw or semi-processed commodities which makes the country susceptible to price swings on the global market. This requires effective policy strategies in times of both price downswings and price upswings.
Being mainly a raw commodity-exporting country, the government is currently focussed on stimulating the establishment of downstream processing industries to deliver value-added products. This strategy will have significant impact on certain (export) industries such as mining and minerals.
Indonesian Production or Reserves (R) | Global Production or Reserves (R) | Indonesia's Share of Total | |
---|---|---|---|
Coal | 241.1 mln tons oil equiv. | 3,830.1 mln tons oil equiv. | 6.3% |
Coalbed Methane | 453 trillion cubic feet (R) | 7,550 trillion cubic feet (R) | 6.0% |
Cocoa | 0.16 million tons (F) | 4.4 million tons (F) | 3.6% |
Coffee | 12.0 million 60 kg bags | 168.2 million 60 kg bags | 7.0% |
Crude Oil | 605,000 bpd | 82,922,000 bpd | 0.7% |
Geothermal Energy | 27,510 MW (R) | 68,775 MW (R) | 40.0% |
Gold | 109.9 tons | 3,109.0 tons | 3.5% |
Natural Gas | 75.0 billion m³ | 3538.6 billion m³ | 2.1% |
Palm Oil | 31.0 million tons | 60.0 million tons | 51.7% |
Rice | 70.6 million tons | 744.0 million tons | 9.5% |
Rubber (Natural) | 2.6 million tons | 15.6 million tons | 16.7% |
Tea | 122,700 tons | 6.48 million tons | 1.9% |