2018
Exports
$3.41BWorld Rnk 1 / 154
Flag Rnk 15 / 1194
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2018
Imports
$103MWorld Rnk 18 / 212
Flag Rnk 344 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2018, Indonesia exported $3.41B in Coconut Oil, making it the 1st largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 15th most exported product in Indonesia. The main destination of Coconut Oil exports from Indonesia are: United States ($860M), China ($653M), Malaysia ($450M), Brazil ($353M), and Netherlands ($245M).

The fastest growing export markets for Coconut Oil of Indonesia between 2021 and 2022 were United States ($266M), Malaysia ($143M), and Brazil ($63.7M).

Imports In 2022, Indonesia imported $103M in Coconut Oil, becoming the 18th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 344th most imported product in Indonesia. Indonesia imports Coconut Oil primarily from: Philippines ($96.9M), India ($4.66M), Papua New Guinea ($722k), Russia ($294k), and Indonesia ($173k).

The fastest growing import markets in Coconut Oil for Indonesia between 2021 and 2022 were India ($4.66M), Papua New Guinea ($429k), and Russia ($294k).

COMPANIES In 2023, leading companies such as Barry Callebaut (23) were at the forefront of shipping Coconut Oil from Indonesia to the United States.

Latest Trends

Sep 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 Coconut 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

Trade Balance

Color
EXPORTS (2022)$3.41B
IMPORTS (2022)$103M
NET TRADE (2022)$3.31B

In 2022, Indonesia exported $3.41B in Coconut Oil. The main destinations of Indonesia exports on Coconut Oil were United States ($860M), China ($653M), Malaysia ($450M), Brazil ($353M), and Netherlands ($245M).

In 2022, Indonesia imported $103M in Coconut Oil, mainly from Philippines ($96.9M), India ($4.66M), Papua New Guinea ($722k), Russia ($294k), and Indonesia ($173k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
United States$266M (44.9%)
Malaysia$143M (46.6%)
Brazil$63.7M (22%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Indonesia WERE (2021 - 2022):
China-$94.4M (-12.6%)
Sri Lanka-$73.5M (-94%)
Japan-$19.7M (-28.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Coconut Oil were:
In 2022, Indonesia's main importing competitors in Coconut Oil were:

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $30.5M
TOP IMPORT POTENTIALIndia+ $1.88M

Coconut Oil’s highest export potential is Russia. With an export gap of $30.5M.   Coconut Oil’s highest import potential is India with an import gap of $1.88M.

See methodology.

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