HS Icon Palm Oil in  Flag Indonesia

2020
Exports | Imports
: $17.9B | $4.99M, World Rnk 1 / 140
Flag Rnk 1 / 1180 | World Rnk 131 / 202
Flag Rnk 851 / 1209

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $704M | $180k, India |  Sri Lanka


ECONOMIC COMPLEXITY of Indonesia
: -0.093, Rnk 64 / 127


PRODUCT COMPLEXITY  IN Palm Oil
: -2.12, Rnk 1009 / 1028

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%).

Subnational Monthly Trade

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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 Palm Oil. 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

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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).

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IN 2020, Indonesia HAD A POSITIVE NET TRADE IN Palm Oil WITH:

Flow

THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Indonesia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Indonesia WERE (2019 - 2020):

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Market Concentration

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In 2019, Indonesia's main exporting competitors in Palm Oil were:

In 2019, Indonesia's main importing competitors in Palm Oil were:

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Tariffs by Country

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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%).