Soybean Oil in Indonesia | The Observatory of Economic Complexity

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Exports In 2022, Indonesia exported $111M in Soybean Oil, making it the 24th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 248th most exported product in Indonesia. The main destination of Soybean Oil exports from Indonesia are: Angola ($53.8M), Mauritania ($49.7M), Malaysia ($7.05M), Trinidad and Tobago ($494k), and Ethiopia ($138k).

The fastest growing export markets for Soybean Oil of Indonesia between 2021 and 2022 were Angola ($37.4M), Malaysia ($7.05M), and Mauritania ($2.8M).

Imports In 2022, Indonesia imported $66.8M in Soybean Oil, becoming the 47th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 427th most imported product in Indonesia. Indonesia imports Soybean Oil primarily from: Malaysia ($28.4M), Thailand ($26.4M), Brazil ($5.54M), Australia ($2.76M), and Singapore ($2.15M).

The fastest growing import markets in Soybean Oil for Indonesia between 2021 and 2022 were Malaysia ($6.28M), Brazil ($5.54M), and Thailand ($4.08M).

Apr 2024

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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 Soybean 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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Growth (%)

Year

EXPORTS (2022)$111M

IMPORTS (2022)$66.8M

NET TRADE (2022)$44.5M

In 2022, Indonesia exported $111M in Soybean Oil. The main destinations of Indonesia exports on Soybean Oil were Angola ($53.8M), Mauritania ($49.7M), Malaysia ($7.05M), Trinidad and Tobago ($494k), and Ethiopia ($138k).

In 2022, Indonesia imported $66.8M in Soybean Oil, mainly from Malaysia ($28.4M), Thailand ($26.4M), Brazil ($5.54M), Australia ($2.76M), and Singapore ($2.15M).