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Exports In 2022, Indonesia exported $2.02B in Petroleum oils, oils from bituminous minerals, crude, making it the 38th largest exporter of Petroleum oils, oils from bituminous minerals, crude in the world. At the same year, Petroleum oils, oils from bituminous minerals, crude was the 27th most exported product in Indonesia. The main destination of Petroleum oils, oils from bituminous minerals, crude exports from Indonesia are: Thailand ($1.26B), China ($390M), Australia ($141M), Singapore ($78.6M), and Malaysia ($55.5M).

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

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

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

COMPANIES In 2023, leading companies such as Old Navy (5.97k), Gap (2.13k), and Hankook Tires (2.04k) were at the forefront of shipping Petroleum oils, oils from bituminous minerals, crude from Indonesia to the United States.

Latest Trends

Jul 2024

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 Petroleum oils, oils from bituminous minerals, crude. 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 Petroleum oils, oils from bituminous minerals, crude. The main destinations of Indonesia exports on Petroleum oils, oils from bituminous minerals, crude were Thailand ($1.26B), China ($390M), Australia ($141M), Singapore ($78.6M), and Malaysia ($55.5M).

In 2022, Indonesia imported $10.1B in Petroleum oils, oils from bituminous minerals, crude, 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 Petroleum oils, oils from bituminous minerals, crude 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 Petroleum oils, oils from bituminous minerals, crude 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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In 2022, Indonesia's main exporting competitors in Petroleum oils, oils from bituminous minerals, crude were:
In 2022, Indonesia's main importing competitors in Petroleum oils, oils from bituminous minerals, crude were:

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Trade Value of Petroleum oils, oils from bituminous minerals, crude by Exporters

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