The city is southern Sulawesi's primary port, with regular domestic and international shipping connections. It is nationally famous as an important port of call for the pinisi boats, sailing ships which are among the last in use for regular long-distance trade.
During the colonial era, the city was famous for being the namesake of Makassar oil, which it exported in great quantity. Makassar ebony is a warm black hue, streaked with tan or brown tones, and highly prized for use in making fine cabinetry and veneers.
Nowadays, as the largest city in Sulawesi Island and Eastern Indonesia, the city's economy depends highly on service sectors with approximately 70% from total share. Restaurant and hotel service are the largest contributor (29.14%), followed by transportation and communication (14.86%), trading (14.86), finance (10.58%). Industry follows behind service with 21.34%
