HS Icon Refined Petroleum in  Flag Indonesia

2021
Exports | Imports
: $1.88B | $14.5B, World Rnk 42 / 218
Flag Rnk 22 / 1183 | World Rnk 14 / 226
Flag Rnk 1 / 1208

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $128M | $2.21B, Singapore |  Singapore

2021
ECONOMIC COMPLEXITY of Indonesia
: 0.042, Rnk 61 / 131

2021
PRODUCT COMPLEXITY IN Refined Petroleum
: -0.92, Rnk 817 / 1029

Exports In 2021, Indonesia exported $1.88B in Refined Petroleum, making it the 42nd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 22nd most exported product in Indonesia. The main destination of Refined Petroleum exports from Indonesia are: Singapore ($503M), Malaysia ($420M), South Korea ($225M), China ($164M), and United States ($124M).

The fastest growing export markets for Refined Petroleum of Indonesia between 2020 and 2021 were Singapore ($128M), Malaysia ($117M), and China ($90.4M).

Imports In 2021, Indonesia imported $14.5B in Refined Petroleum, becoming the 14th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Indonesia. Indonesia imports Refined Petroleum primarily from: Singapore ($6.03B), Malaysia ($3.26B), India ($1.77B), South Korea ($640M), and China ($627M).

The fastest growing import markets in Refined Petroleum for Indonesia between 2020 and 2021 were Singapore ($2.21B), Malaysia ($1.98B), and India ($1.66B).

Tariffs In 2018, the average tariff for Indonesia in Refined Petroleum was 0.48%. The countries with the highest import tariffs for Refined Petroleum were Japan (Preferential tariff for Japan, 3.52%), Angola (Most Favoured Nation duty rate treatment, 0.49%), Burundi (Most Favoured Nation duty rate treatment, 0.49%), Benin (Most Favoured Nation duty rate treatment, 0.49%), and Burkina Faso (Most Favoured Nation duty rate treatment, 0.49%).

Apr 2023

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 Refined Petroleum. 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 (2021): $1.88B

IMPORTS (2021): $14.5B

NET TRADE (2021): -$12.6B

In 2021, Indonesia exported $1.88B in Refined Petroleum. The main destinations of Indonesia exports on Refined Petroleum were Singapore ($503M), Malaysia ($420M), South Korea ($225M), China ($164M), and United States ($124M).

In 2021, Indonesia imported $14.5B in Refined Petroleum, mainly from Singapore ($6.03B), Malaysia ($3.26B), India ($1.77B), South Korea ($640M), and China ($627M).

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THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Indonesia WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Indonesia WERE (2020 - 2021):

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Market Concentration

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In 2021, Indonesia's main exporting competitors in Refined Petroleum were:

In 2021, Indonesia's main importing competitors in Refined Petroleum were:

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