2022
Exports
$1.52BWorld Rnk 2 / 153
Flag Rnk 41 / 1194
2022
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.26Rnk 899 / 1025
2022
Imports
$29.3MWorld Rnk 46 / 214
Flag Rnk 596 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $1.52B in Other Vegetable Oils, making it the 2nd largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 41st most exported product in Indonesia. The main destination of Other Vegetable Oils exports from Indonesia are: China ($654M), Malaysia ($259M), Thailand ($82.8M), United States ($82.6M), and South Korea ($48.8M).

The fastest growing export markets for Other Vegetable Oils of Indonesia between 2021 and 2022 were China ($347M), United States ($47.6M), and Thailand ($39.4M).

Imports In 2022, Indonesia imported $29.3M in Other Vegetable Oils, becoming the 46th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 596th most imported product in Indonesia. Indonesia imports Other Vegetable Oils primarily from: Malaysia ($15.2M), Singapore ($8.21M), China ($2.41M), Denmark ($799k), and India ($536k).

The fastest growing import markets in Other Vegetable Oils for Indonesia between 2021 and 2022 were Malaysia ($2.31M), Singapore ($882k), and China ($780k).

Latest Trends

Jul 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 Other Vegetable Oils. 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)$1.52B
IMPORTS (2022)$29.3M
NET TRADE (2022)$1.49B

In 2022, Indonesia exported $1.52B in Other Vegetable Oils. The main destinations of Indonesia exports on Other Vegetable Oils were China ($654M), Malaysia ($259M), Thailand ($82.8M), United States ($82.6M), and South Korea ($48.8M).

In 2022, Indonesia imported $29.3M in Other Vegetable Oils, mainly from Malaysia ($15.2M), Singapore ($8.21M), China ($2.41M), Denmark ($799k), and India ($536k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
China$347M (113%)
United States$47.6M (136%)
Thailand$39.4M (90.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Indonesia WERE (2021 - 2022):
Malaysia-$151M (-36.8%)
Italy-$36.5M (-98.6%)
Nigeria-$8.68M (-48.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Other Vegetable Oils were:
In 2022, Indonesia's main importing competitors in Other Vegetable Oils were:

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.4M
TOP IMPORT POTENTIALMalaysia+ $7.32M

Other Vegetable Oils’s highest export potential is United States. With an export gap of $14.4M.   Other Vegetable Oils’s highest import potential is Malaysia with an import gap of $7.32M.

See methodology.

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