Indian Ocean

:This article is about the water body. For the Indian fusion music band, see Indian Ocean (band).

Economy

The Indian Ocean provides major sea routes connecting the Middle East, Africa, and East Asia with Europe and the Americas. It carries a particularly heavy traffic of petroleum and petroleum products from the oilfields of the Persian Gulf and Indonesia. Large reserves of hydrocarbons are being tapped in the offshore areas of Saudi Arabia, Iran, India, and western Australia. An estimated 40% of the world's offshore oil production comes from the Indian Ocean. Beach sands rich in heavy minerals and offshore placer deposits are actively exploited by bordering countries, particularly India, South Africa, Indonesia, Sri Lanka, and Thailand.

Related Topics:
Middle East - Africa - East Asia - Europe - Saudi Arabia - Iran - India - Australia - Mineral - South Africa - Indonesia - Sri Lanka - Thailand

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The warmth of the Indian Ocean keeps phytoplankton production low, except along the northern fringes and in a few scattered spots elsewhere; life in the ocean is thus limited. Fishing is confined to subsistence levels. Its fish are of great and growing importance to the bordering countries for domestic consumption and export. Fishing fleets from Russia, Japan, South Korea, and Taiwan also exploit the Indian Ocean, mainly for shrimp and tuna.

Related Topics:
Phytoplankton - Fishing - Russia - Japan - South Korea - Taiwan

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