Indonesia abounds with natural resources. It is the world’s largest exporter of steam coal, refined tin and (until the enforcement of the export ban earlier this year) nickel ore. It is also a leading exporter of gold, bauxite, lead, zinc and copper. Its potential in renewable resources is also huge.
What are the main natural resources in Indonesia?
The key natural resources of the country include silver, coal, fertile soil, natural gas, petroleum, gold, bauxite, tin, copper, timber, and nickel. Indonesia is a globally leading exporter of tin and thermal coal. The mining industry in the country makes up 11.9% of its GDP.
What are the 5 main natural resources?
Oil, coal, natural gas, metals, stone and sand are natural resources. Other natural resources are air, sunlight, soil and water. Animals, birds, fish and plants are natural resources as well.
Why is Indonesia rich in natural resources?
Thanks to its geological location and large surface area, Indonesia is very rich in resources. It can produce a large variety of minerals at a very high level. To a large extend, the gas and oil reserves are increasingly used for Indonesia’s own economy.
Is Indonesia a resource rich country?
Indonesia is blessed with abundant natural resources. … This phenomenon shows a contradictory relationship between natural resource wealth and economic performance. Intuitively, a country with rich natural resources could provide better prosperity for its people.
Which country has most natural resources?
10 Countries With The Most Natural Resources
- The United States.
- 2: Saudi Arabia.
- 1: China.
What are the major imports of Indonesia?
Main imports products are: oil and gas (around 17 percent of total imports), nuclear reactions, boilers, mechanical appliances (19 percent); iron and steel (5.4 percent), organic chemical materials (4.8 percent) and vehicles (4.5 percent).