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However, let's get something straight... Specialised industries should only be used to supply your generic industry. This means you won't need much.
Forget about making much revenue from exportation of your specialised industry products, because no specialised industry makes much money doing so.
Now that you understand what it's for and what it's not for, in terms of placement, you want to put it where it can easily ship its freight to your generic industry as efficiently as possible. That may mean it's own highway if it is distant or better yet its own cargo rail line.
Try to avoid linking it to an outside highway connection, otherwise you might find it will export its goods as an easier option than supplying your own generic, and as I said above, that isn't going to earn you much at all.
I never knew this although I was dismayed at the revenue generated early on when I first started my city.
If I never specialize, is it a big problem? IE If I make no lumber/ore/oil industry they just import it from the nether right?
Using homegrown natural resource products negates the need to import and while it doesn't make much to export, it does offset the cost of importing it.
Plus, since you designate where the lumber (in this case) comes from, it allows you to dictate where those freight vehicles come from and they won't clog up your highway traffic - which is why I advised you not to link your lumber district to an outside highway.
Still, the choice is yours Mr Mayor ;)
That said, in answer to your question, your generic industry uses all forms of natural resource products.
Oil is used by the Oil Power Plant and the Boiler Station for water heating.
Coal is used for the Coal Power Plant.
Both agricultural and lumber products are only used by your generic industry and nothing else.
Hopefully this thread will help some others as well.