2023
Exports
$1.42BWorld Rnk 1 / 155
Flag Rnk 38 / 1192
2023
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.29Rnk 898 / 1025
2023
Imports
$33MWorld Rnk 37 / 217
Flag Rnk 561 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $1.42B in Other Vegetable Oils, making it the 1st largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 38th most exported product in Indonesia. The main destination of Other Vegetable Oils exports from Indonesia are: China ($669M), Malaysia ($236M), Algeria ($57M), Thailand ($53.6M), and United States ($33.9M).

The fastest growing export markets for Other Vegetable Oils of Indonesia between 2022 and 2023 were Morocco ($12.3M), Algeria ($11.2M), and Israel ($11.1M).

Imports In 2023, Indonesia imported $33M in Other Vegetable Oils, becoming the 37th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 561st most imported product in Indonesia. Indonesia imports Other Vegetable Oils primarily from: Malaysia ($12.8M), Singapore ($8.94M), China ($7.23M), Denmark ($841k), and Japan ($713k).

The fastest growing import markets in Other Vegetable Oils for Indonesia between 2022 and 2023 were China ($1.26M), Singapore ($768k), and Netherlands ($351k).

Latest Trends

Dec 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 Other Vegetable 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 (2023)$1.42B
IMPORTS (2023)$33M
NET TRADE (2023)$1.39B

In 2023, Indonesia exported $1.42B in Other Vegetable Oils. The main destinations of Indonesia exports on Other Vegetable Oils were China ($669M), Malaysia ($236M), Algeria ($57M), Thailand ($53.6M), and United States ($33.9M).

In 2023, Indonesia imported $33M in Other Vegetable Oils, mainly from Malaysia ($12.8M), Singapore ($8.94M), China ($7.23M), Denmark ($841k), and Japan ($713k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Morocco$12.3M (220%)
Algeria$11.2M (24.4%)
Israel$11.1M (245%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Indonesia WERE (2022 - 2023):
Malaysia-$85.2M (-26.5%)
United States-$49.1M (-59.2%)
South Korea-$34.8M (-68.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Other Vegetable Oils were:
In 2023, Indonesia's main importing competitors in Other Vegetable Oils were:

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.4M
TOP IMPORT POTENTIALMalaysia+ $7.32M

Other Vegetable Oils’s highest export potential is United States. With an export gap of $14.4M.   Other Vegetable Oils’s highest import potential is Malaysia with an import gap of $7.32M.

See methodology.

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