Palm Oil in Indonesia 2020 Exports | Imports : $17.9B | $4.99M, World Rnk 1 / 140 Rnk 1 / 1180 | World Rnk 131 / 202 Rnk 851 / 1209
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $704M | $180k, India | Sri Lanka
Exports In 2020, Indonesia exported $17.9B in Palm Oil, making it the 1st largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 1st most exported product in Indonesia. The main destination of Palm Oil exports from Indonesia are: India ($3.05B), China ($2.47B), Pakistan ($1.62B), Spain ($854M), and Malaysia ($729M).
The fastest growing export markets for Palm Oil of Indonesia between 2019 and 2020 were India ($704M), Pakistan ($383M), and Spain ($229M).
Imports In 2020, Indonesia imported $4.99M in Palm Oil, becoming the 131st largest importer of Palm Oil in the world. At the same year, Palm Oil was the 851st most imported product in Indonesia. Indonesia imports Palm Oil primarily from: Malaysia ($4.49M), Sri Lanka ($180k), Singapore ($162k), Ethiopia ($87.1k), and Netherlands ($23.3k).
The fastest growing import markets in Palm Oil for Indonesia between 2019 and 2020 were Sri Lanka ($180k), Ethiopia ($87.1k), and Netherlands ($18.3k).
Tariffs In 2018, the average tariff for Indonesia in Palm Oil was 2.36%. The countries with the highest import tariffs for Palm Oil were Angola (Most Favoured Nation duty rate treatement, 2.5%), Burundi (Most Favoured Nation duty rate treatement, 2.5%), Benin (Most Favoured Nation duty rate treatement, 2.5%), Burkina Faso (Most Favoured Nation duty rate treatement, 2.5%), and Botswana (Most Favoured Nation duty rate treatement, 2.5%).
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 Palm Oil. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2020): $17.9B
IMPORTS (2020): $4.99M
NET TRADE (2020): $17.9B
In 2020, Indonesia exported $17.9B in Palm Oil. The main destinations of Indonesia exports on Palm Oil were India ($3.05B), China ($2.47B), Pakistan ($1.62B), Spain ($854M), and Malaysia ($729M).
In 2020, Indonesia imported $4.99M in Palm Oil, mainly from Malaysia ($4.49M), Sri Lanka ($180k), Singapore ($162k), Ethiopia ($87.1k), and Netherlands ($23.3k).
In 2019, Indonesia's main exporting competitors in Palm Oil were:
In 2018, the average tariff for Indonesia in Palm Oil was 2.36%.
The countries with the highest tariffs for Palm Oil in Indonesia were Angola (Most Favoured Nation duty rate treatement, 2.5%), Burundi (Most Favoured Nation duty rate treatement, 2.5%), Benin (Most Favoured Nation duty rate treatement, 2.5%), Burkina Faso (Most Favoured Nation duty rate treatement, 2.5%), and Botswana (Most Favoured Nation duty rate treatement, 2.5%).
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.8 ant