2022
Exports
$3.59BWorld Rnk 38 / 214
Flag Rnk 14 / 1194
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$23.2BWorld Rnk 12 / 225
Flag Rnk 1 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $3.59B in Refined Petroleum, making it the 38th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 14th most exported product in Indonesia. The main destination of Refined Petroleum exports from Indonesia are: Singapore ($1.18B), Malaysia ($937M), South Korea ($227M), Bangladesh ($217M), and China ($198M).

The fastest growing export markets for Refined Petroleum of Indonesia between 2021 and 2022 were Singapore ($674M), Malaysia ($513M), and Bangladesh ($206M).

Imports In 2022, Indonesia imported $23.2B in Refined Petroleum, becoming the 12th 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 ($9.29B), Malaysia ($5.82B), India ($3.23B), South Korea ($1.76B), and Saudi Arabia ($902M).

The fastest growing import markets in Refined Petroleum for Indonesia between 2021 and 2022 were Singapore ($3.23B), Malaysia ($2.55B), and India ($1.71B).

COMPANIES In 2023, leading companies such as CHICKEN OF THE SEA FROZEN FOODS (73), LAWRENCE WHOLESALE LLC (3), and YOKOHAMA INDUSTRIES AMERICAS INC. (1) were at the forefront of shipping Refined Petroleum from Indonesia to the United States.

Latest Trends

Mar 2024

Subnational Monthly Trade

View
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 Refined Petroleum. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$3.59B
IMPORTS (2022)$23.2B
NET TRADE (2022)-$19.6B

In 2022, Indonesia exported $3.59B in Refined Petroleum. The main destinations of Indonesia exports on Refined Petroleum were Singapore ($1.18B), Malaysia ($937M), South Korea ($227M), Bangladesh ($217M), and China ($198M).

In 2022, Indonesia imported $23.2B in Refined Petroleum, mainly from Singapore ($9.29B), Malaysia ($5.82B), India ($3.23B), South Korea ($1.76B), and Saudi Arabia ($902M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Singapore$674M (132%)
Malaysia$513M (121%)
Bangladesh$206M (1.95k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Indonesia WERE (2021 - 2022):
United Arab Emirates-$25M (-88.9%)
Chinese Taipei-$23M (-80.4%)
Sri Lanka-$19.9M (-99.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Indonesia's main exporting competitors in Refined Petroleum were:
In 2022, Indonesia's main importing competitors in Refined Petroleum were:

Explore Visualizations

Trade Value of Refined Petroleum by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with