It is not a surprising thing to find out about the trading in West Papua. Trading is undeniably the most common form of economic activity in many places. People trade various items with others to get other stuff or money. In the end, the things to get from the trade have their use in the life of the traders. Nevertheless, this particular activity may differ from one place to another. So, it can be fascinating to know more about this kind of thing in the province of West Papua, Indonesia.
The Commodities of the Trading
It is without a doubt that the plantation sector plays a pivotal role in the West Papua economy. This particular province of Indonesia is not just about gold and tourism. The condition of the area allows the locals to establish this form of business. According to the agricultural census years ago, about 35% of the locals work in the vegetable farm industry. At the end of 2020, the number of people who work in that field adds up. It is a good thing to expect from this region.
More importantly, the trading in West Papua that involves vegetables provides a decent income. At the end of 2020, the total income from the agricultural sector increases a bit. Nevertheless, this matter can get even better in the future. An appropriate stimulus from the government is necessary to boost the trading situation in West Papua. So far, it is only about vegetable farming. There are many more things that can be beneficial for the locals on this matter. For sure, the locals are capable of it.
Palm oil is another one of the trading commodities to expect from West Papua. The sustainability of that thing remains questionable for sure. Yet, there are large areas available that can become new farms of palm oil in the future. So, it remains a thing to pay attention to for the better economy of the province. It is without a doubt that the trading in West Papua relies heavily on natural resources. Other than that, it deals with a traditional form of business in many ways.
The Exports of West Papua
Surprisingly, in terms of trading in West Papua, it manages to deliver goods overseas. China remains the biggest export market of many commodities from the area. Furthermore, South Korea and Japan complete the top three export markets of West Papua. There are several things that this province of Indonesia offers to those countries. Mineral fuels are among the most pivotal part of the commodity to export to those nations. It is reasonable because the region holds a lot of them.
Furthermore, other things come from West Papua and hit the international market. Salt, cement, sulfur, jewelry, wood, soap, meat, fish, and shrimp, are the export products. It is reasonable to understand that China, Japan, and South Korea purchase them. Many of them are highly sought after in those countries to hit the side of customers. So, the West Papua commodity trade is not just about selling things locally. It hits the international market already to grow its economic condition for the better.
There may be more things to expect from West Papua in the future. With the proper guidance and education, the locals can produce and provide more stuff. Of course, it is a good thing that helps the economy of the locals. The trading in West Papua works well alongside the popularity of its tourism. Both of them contribute to the life of the locals in many ways. It is best to wish that it only gets better throughout the years in the future.
