2022
Exports
$2.02BWorld Rnk 38 / 149
Flag Rnk 28 / 1194
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.25Rnk 1011 / 1025
2022
Imports
$10.1BWorld Rnk 22 / 158
Flag Rnk 2 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $2.02B in Crude Petroleum, making it the 38th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 28th most exported product in Indonesia. The main destination of Crude Petroleum exports from Indonesia are: Thailand ($1.26B), China ($390M), Australia ($141M), Singapore ($78.6M), and Malaysia ($55.5M).

The fastest growing export markets for Crude Petroleum of Indonesia between 2021 and 2022 were China ($212M), Timor-Leste ($500), and Canada ($66).

Imports In 2022, Indonesia imported $10.1B in Crude Petroleum, becoming the 22nd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most imported product in Indonesia. Indonesia imports Crude Petroleum primarily from: Nigeria ($3.66B), Saudi Arabia ($2.7B), Angola ($800M), Azerbaijan ($611M), and Australia ($494M).

The fastest growing import markets in Crude Petroleum for Indonesia between 2021 and 2022 were Nigeria ($1.73B), Saudi Arabia ($716M), and Azerbaijan ($524M).

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 Crude 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

Trade Balance

Color
EXPORTS (2022)$2.02B
IMPORTS (2022)$10.1B
NET TRADE (2022)-$8.06B

In 2022, Indonesia exported $2.02B in Crude Petroleum. The main destinations of Indonesia exports on Crude Petroleum were Thailand ($1.26B), China ($390M), Australia ($141M), Singapore ($78.6M), and Malaysia ($55.5M).

In 2022, Indonesia imported $10.1B in Crude Petroleum, mainly from Nigeria ($3.66B), Saudi Arabia ($2.7B), Angola ($800M), Azerbaijan ($611M), and Australia ($494M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
China$212M (119%)
Timor-Leste$500 (1%)
Canada$66 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Indonesia WERE (2021 - 2022):
Malaysia-$396M (-87.7%)
Singapore-$230M (-74.5%)
India-$196M (-82.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $567M
TOP IMPORT POTENTIALSaudi Arabia+ $492M

Crude Petroleum’s highest export potential is China. With an export gap of $567M.   Crude Petroleum’s highest import potential is Saudi Arabia with an import gap of $492M.

See methodology.

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