Quick Answer: What Is The Major Industries Indonesia?

What is the biggest industry in Indonesia?

The agriculture is so successful that Indonesia is the global leader in the production of three commodities namely palm oil, cinnamon, and cloves. The nation is the second highest global producer of nutmegs, cassava, coconut oil, vanilla, and natural rubber.

What are 5 major industries?

The 5 Industries Driving the U.S. Economy

  • Healthcare. The health sector helped the U.S. recover from the 2008 financial crisis.
  • Technology.
  • Construction.
  • Retail.
  • Non-durable Manufacturing.

What does Indonesia produce the most?

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 are the major industries?

Major Industries in the Developing and Developed World

  • Healthcare.
  • Information Technology.
  • Retail.
  • Accounting.
  • Financial Services and Banking.
  • Education.
  • Hospitality.

What are the top 5 industries in Indonesia?

Major industrial sectors include petroleum and natural gas, textiles and apparel, mining, footwear, plywood, rubber and chemical fertilisers. The services sector is equally as important to Indonesia’s economy, accounting for 43 per cent of GDP in 2015.

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Is Indonesia a poor or rich country?

As a lower-middle income country and member of the G20, Indonesia is classified as a newly industrialized country. It is the 15th largest economy in the world by nominal GDP and the 7th largest in terms of GDP (PPP).

What is the biggest industry in the world 2020?

Global Biggest Industries by Revenue in 2020

  • Global Oil & Gas Exploration & Production.
  • Global Commercial Real Estate.
  • Global Car & Automobile Sales.
  • Global Car & Automobile Manufacturing.
  • Global Direct General Insurance Carriers.
  • Global Auto Parts & Accessories Manufacturing.
  • Global Commercial Banks.
  • Global Tourism.

What is the biggest industry in the world?

That’s right, the financial industry is the largest industry in the world! Totalling $109 trillion, it dwarfs the competition. (1) For comparison, real estate is worth $33 trillion and retail amounts to $26 trillion.

What problems do farmers face in Indonesia?

As in the rest of Asia, Indonesian agriculture is dominated by smallholders. Their problems are poverty and indebtedness. A universal feature of growing economies is the decline of agriculture as a share of both GDP and total employment. There are two principal causes for this long-term process of structural change.

What products is Indonesia known for?

The country is a major exporter of crude petroleum and natural gas. In addition, Indonesia is one of the world’s main suppliers of rubber, coffee, cocoa, and palm oil; it also produces a wide range of other commodities, such as sugar, tea, tobacco, copra, and spices (e.g., cloves).

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.

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What are 3 major industries?

Major industries

  • Agriculture.
  • Manufacturing.
  • Services.

What are the 3 types of industries?

Now, let’s have a look at the three different types of industries in detail.

  • Primary industry. The primary industry includes the economy that utilises the natural resources of the environment like forestry, agriculture, fishing, and mining.
  • Secondary industry.
  • Tertiary industry.

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