List of the Most Popular Indonesian Export Commodities
In general, Indonesia's export commoditiesare included in the category of superior export commodities on the international market. Be it oil and gas or non-oil and gas export commodities. In fact, Indonesia's export commodities in 2021 were recorded at up to $22.84 billion.
In general, exports from Indonesia are much higher than imports. In this way, Indonesia was able to record a trade balance surplus. If the import value is higher, the trade balance will experience a deficit.
Indonesian Export Commodities
- Palm Oil
It is not surprising that palm oil is one of the largest export commodities in Indonesia. In fact, Indonesia is nicknamed the king of palm oil because it is able to control part of the global export market.
Last year, Indonesia exported up to 35 million tons of palm oil per year. Palm oil is a product that is included in the oil group. So that's why palm oil from Indonesia is in great demand. Even palm oil from Indonesia is exported to Europe and India.
- Rubber
Indonesia's next largest export commodity is rubber. Rubber is a superior agricultural product from Indonesia. In 2020, BPS noted that Indonesia was able to export 2.2 million tons to various countries. The main countries that are export destinations are Japan, China, South Korea, Turkey, Germany, Canada, the US, and even Brazil.
- Coal
Apart from palm oil, the level of coal exports from Indonesia is no less significant. Even coal from Indonesia is included in the third largest producer in the world.
Indonesia notes that coal production could reach more than 500 million tons per year. But unfortunately currently domestic demand is still low. That is why as much as 70 percent of coal is exported to various countries.
It was recorded by the Ministry of Energy and Mineral Resources that Indonesia was able to exceed the export target by reaching more than 400 million tons. Indonesia's export destination countries are Vietnam, the Philippines, Japan, Malaysia and Bangladesh.
(Also read: The Cheapest Send Packages to Australia You Should Know)
- Coffee, Tea and Chocolate
Coffee, tea and chocolate are also on the list of Indonesia's top export commodities. Because these three agricultural products from Indonesia are able to dominate several international markets in several countries.
Some of the countries that Indonesia exports to are Singapore, Malaysia, India, Japan, the US, Egypt, and even Italy. Not without reason, Indonesian coffee, tea and chocolate are in great demand because they have the best quality. Many people even say that Indonesian coffee beans and chocolate are the best products ever.
- Iron and Steel
Finally, the largest export commodity from Indonesia comes from iron and steel. Even iron and steel commodities are almost equivalent to palm oil and coal commodities. Not without reason, in November 2021 iron and steel from Indonesia reached up to $276 million.
Even though there are already quite a lot, the government will continue to strive to increase iron and steel exports through downstream programs. Later, these iron and steel products will be exported to various countries such as Singapore, Thailand, Australia, Taiwan, and even the United States.
- Footwear
Not only mining and plantation commodities, in terms of industrial commodities Indonesia is also no less superior. One of the products that is in great demand in the Ine market is footwear from Indonesia.
Some of the most exported footwear products are shoes and everyday footwear. Interestingly, footwear products from Indonesia are also exported to Mexico and Italy.
Those are some of Indonesia's most numerous and superior export commodities. When you want to export goods or products, you should use the right shipping service. That way the activity of sending packages overseas will be much more efficient and the product will not be damaged in the slightest.
