The biggest contributor to Indonesia's foreign exchange is palm oil, what is the nominal amount?
Many people do not know that palm oil is the largest contributor to the country's foreign exchange. Foreign exchange is a means of payment or international trade.
Foreign exchange can also be called foreign exchange. Launching various sources, not all means of exchange or currencies can become foreign exchange for a country. However, so far, palm oil has contributed to the country's largest foreign exchange in 2020, amounting to US$25.60 billion or around Rp. 358 trillion. With this amount of foreign exchange, the palm oil industry has also made Indonesia's trade balance a surplus of 21.70 billion dollars in 2020. Palm oil has even become the largest foreign exchange contributor in 20 years. Bringing the largest foreign exchange for the country, palm oil is like two sides of a different coin. On the one hand, palm oil is a driving force for the local economy. However, a number of studies suggest that deforestation for oil palm land clearing is triggering global climate change. In addition, oil palm plantations also have a negative impact on biodiversity and trigger natural vulnerability due to declining land quality and the emergence of pests and diseases.
|•SOURCE•| Articles :SUARA | Image :MEDIA ASURANSI NEWS |
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