2022
Exports
$308MWorld Rnk 9 / 141
Flag Rnk 138 / 1194
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils
-0.34Rnk 660 / 1025
2022
Imports
$45.9MWorld Rnk 26 / 186
Flag Rnk 512 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $308M in Inedible Fats and Oils, making it the 9th largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 138th most exported product in Indonesia. The main destination of Inedible Fats and Oils exports from Indonesia are: Malaysia ($93.4M), Spain ($80.8M), Singapore ($46.3M), Netherlands ($45.6M), and Philippines ($19.9M).

The fastest growing export markets for Inedible Fats and Oils of Indonesia between 2021 and 2022 were Spain ($11.9M), Singapore ($3.43M), and Angola ($367k).

Imports In 2022, Indonesia imported $45.9M in Inedible Fats and Oils, becoming the 26th largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 512th most imported product in Indonesia. Indonesia imports Inedible Fats and Oils primarily from: China ($41.1M), Chinese Taipei ($1.59M), Australia ($689k), Netherlands ($408k), and Vietnam ($400k).

The fastest growing import markets in Inedible Fats and Oils for Indonesia between 2021 and 2022 were China ($33M), Australia ($349k), and Netherlands ($238k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Inedible Fats and Oils. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$308M
IMPORTS (2022)$45.9M
NET TRADE (2022)$262M

In 2022, Indonesia exported $308M in Inedible Fats and Oils. The main destinations of Indonesia exports on Inedible Fats and Oils were Malaysia ($93.4M), Spain ($80.8M), Singapore ($46.3M), Netherlands ($45.6M), and Philippines ($19.9M).

In 2022, Indonesia imported $45.9M in Inedible Fats and Oils, mainly from China ($41.1M), Chinese Taipei ($1.59M), Australia ($689k), Netherlands ($408k), and Vietnam ($400k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Spain$11.9M (17.3%)
Singapore$3.43M (7.99%)
Angola$367k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY Indonesia WERE (2021 - 2022):
Philippines-$77.1M (-79.5%)
Malaysia-$34.7M (-27.1%)
Netherlands-$34.6M (-43.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Inedible Fats and Oils were:
In 2022, Indonesia's main importing competitors in Inedible Fats and Oils were:

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMalaysia+ $8.74M
TOP IMPORT POTENTIALChina+ $5.15M

Inedible Fats and Oils’s highest export potential is Malaysia. With an export gap of $8.74M.   Inedible Fats and Oils’s highest import potential is China with an import gap of $5.15M.

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