Energy Information Administration ( Other international oil corporations, such as Repsol ( Pertamina ( PetroVietnam ( and JX Nippon Oil and Gas, have been drawn by new investment potential ( Despite the large presence of other regional and international firms in Malaysia, Petronas dominates the downstream industry Shell, Chevron, and Petron are among the foreign gasoline retailers operating domestically

Agriculture is one of the backbones of Indonesia’s economy, contributing some 13% to the country’s gross domestic product (GDP). At the same time, the agriculture sector provides income for large swathes of Indonesian households, employing 38.2mn people, equivalent to 30% of the total workforce in 2021. Indonesia is the world’s number one palm oil producer with almost 60% of global output. The country also ranks second in terms of rubber, and fourth by rice production. Although the government has long strived to reach self-sufficiency in the production of key food staples, Indonesia is still running a negative trade balance on its agriculture account as it is the largest wheat importer in the world, and imports large quantities of corn, oilseeds and sugar.

Australian agriculture benefits from decades of productivitygrowth in record-breaking year. Value of production to reach record $81 billion in 2021–22. Value of exports forecast to reach record $64 billion in 2021–22. Value of production and exports to fall and then steady over themedium term.