What products are most demand in Indonesia?
What products are most demand in Indonesia? Based on the export value in 2021, palm oil was Indonesia's most in-demand commodity during that year. It was followed by coal, solid fuels, and petroleum gases. It was clear that oil and gas, including fossil fuels, were Indonesia's most important commodities in that year.
Which industry is booming in Indonesia?
Tourism. Tourism has become Indonesia's big asset, which is why this sector has a higher return for investment. The country's culture, scenery, unique traditional customs, and over a thousand different local languages have been attracting the world to know more about wonderful Indonesia.
What is Indonesia known for?
The country is known for biodiversity as well as cultural diversity. Indonesia is located in the Coral Triangle, which has more than 3,000 species of fish – about seven times as many as. The country faces secessionist demands in several provinces.
Why is everything so cheap in Indonesia?
Indonesia is a developing country with an average annual per capita income of around 4,600 dollars or $383 per month. Therefore it's no surprise that prices are significantly cheaper than in many countries in the West. When the cost of goods and labor is less this equates to the cost of living being low.