Is Indonesia Rich In Natural Resources?

by | Last updated on January 24, 2024

, , , ,

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.

What is the main resource of Indonesia?

The key natural resources of the country include

silver, coal, fertile soil, , 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 natural resources does Indonesia have?

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.

How much natural resources does Indonesia have?

The nation boasts of

67.5 trillion cubic feet of established

natural gas reserves within its borders and probable reserves estimated to be about 12 trillion standard cubic feet. The export of the liquefied natural gas is facilitated by P.T.

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.

What is Indonesia known for producing?

The major food crops, ranked by area harvested, are

rice, corn, cassava, soybeans and peanuts

. Indonesia is also one of the world's largest producers and exporters of tree crops such as rubber, copra, palm kernels, palm oil, coffee, cocoa and spices (Ministry of Agriculture, 2001).

What is the main export 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 is the main culture of Indonesia?

Indonesia is centrally-located along ancient trading routes between the Far East, South Asia and the Middle East, resulting in many cultural practices being strongly influenced by a multitude of religions, including

Buddhism, Christianity, Confucianism, Hinduism, and Islam

, all strong in the major trading cities.

What is the most common natural disaster in Indonesia?


Tornadoes

were the most common natural disaster (496 events) followed by floods (458 events) and landslides (413 events).

What is Indonesia known for?

Nowadays, Indonesia is famous for

its diverse and multicultural islands

, from deeply religious Aceh in the north; to the country's center of government in Java; to the tropical paradise of Bali; and all the way down to the province of Papua on the border with independent Papua New Guinea.

Is Malaysia rich in natural resources?


Malaysia is rich in mineral resources

, and mining (including petroleum extraction) accounts for a significant portion of GDP, although it employs only a tiny fraction of the workforce. The major metallic ores are tin, bauxite (aluminum), copper, and iron.

Is Indonesia rich in oil?

Indonesia is rich in resources, with proven and potential conventional energy reserves of

more than 7 billion barrels of oil

and about 150 trillion cubic feet of gas. The country also has unconventional reserves of 450 trillion cubic feet of coal bed methane and 575 trillion cubic feet of shale gas.

What are 20 natural resources?

  • Water.
  • Air.
  • Coal.
  • Oil.
  • Natural gas.
  • Phosphorus.
  • Bauxite.
  • Copper.

What is the most scarce resource in the world?

  1. Water. Freshwater only makes 2.5% of the total volume of the world's water, which is about 35 million km3. …
  2. Oil. The fear of reaching peak oil continues to haunt the oil industry. …
  3. Natural gas. …
  4. Phosphorus. …
  5. Coal. …
  6. Rare earth elements.

Which country is richest in mineral resources?

  • Canada.
  • India. …
  • Russia. …
  • Brazil. …
  • United States. …
  • Venezuela. …
  • Democratic Republic of the Congo. …
  • Australia. Mining is the primary industry in Australia and the main contributor to its economy which earns them over $19.9 trillion per annum. …
David Evans
Author
David Evans
David is a seasoned automotive enthusiast. He is a graduate of Mechanical Engineering and has a passion for all things related to cars and vehicles. With his extensive knowledge of cars and other vehicles, David is an authority in the industry.