Palm Oil Exports from Indonesia – Palm Oil Exporters in Indonesia

10 October 2020
Indonesia Export Data

Indonesia is the world’s largest producer and exporter of palm oil. The value of palm oil exports from Indonesia totaled USD 14,703 million in 2019, down as compared to the previous year. Indonesia shipped 28,261,416 tons of palm oil. According to Indonesia export data, Indonesia exported palm the most to China, which shared 17.9% to total exports. India, which was the 2nd largest palm oil import source of Indonesia in 2019 and which has restricted palm oil imports from Indonesia recorded 15.3% share in value. Get a clear picture of Indonesian export market of palm oil with Indonesia customs data of palm oil.


Palm Oil Industry in Indonesia – Facts & Statistics


Indonesia was the world’s leading producer and exporter of palm oil in 2019, with export volume of USD 14,703 million. It shipped 29.5 million metric tons of palm oil in the said year. This was estimated to have increased in 2020, despite reduced demands in a key market, India. Together with Malaysia, they made up almost all the world’s production and exports of palm oil. Unlike Malaysia, however, which exported almost all of the palm oil it produced, Indonesia was also one of the world’s top consumers of palm oil, using it as both cooking oil and in biofuels. Palm oil production in Indonesia is concentrated on two of its five major islands – Borneo and Sumatra.


Volume of Total Palm Oil Exports from Indonesia 2010-2019 (Value)


The world’s top palm oil producer Indonesia exported a record 14,703 tons of palm oil and its products including oleo chemical and biodiesel, as per data of the Indonesia Palm Oil Association (GAPKI). Since last 10 years, Indonesia registered a fluctuation in the value of palm oil export shipments. Indonesia’s exports of palm oil valued USD 13,468 million in 2010 and USD 14,703 million in 2019. Below given chart and table shows dollar amount of palm oil exports from Indonesia recorded in the last 10 years.


Year

Value USD Million

2010

13,468

2011

17,261

2012

17,602

2013

15,838

2014

17,464

2015

15,385

2016

14,365

2017

18,513

2018

16,527

2019

14,703

 


Volume of Total Palm Oil Exports from Indonesia 2010-2019 (Quantity)


According to Indonesia export statistics of palm oil, Indonesia shipped 16,291,856 tons of palm oil to the world in 2010 and 28,261,416 tons in 2019. Below given chart and table shows quantity of palm oil exported from Indonesia in the last 10 years.


Year

Quantity (Tons)

2010

16,291,856

2011

16,341,664

2012

18,845,020

2013

20,577,976

2014

22,892,387

2015

26,467,564

2016

22,759,305

2017

27,353,338

2018

27,893,688

2019

28,261,416

 


Indonesia’s Top 10 Export Partners of Palm Oil 2019


Indonesia trade data of palm oil shows that Indonesia shipped palm oil the most to China, which shared 17.9% to total exports in 2019. Indonesia’s top 10 export partners of palm oil in 2019 accounted 68.1% to overall value of shipments. Check percentage share of every country.


Country

Value USD %

China

17.9

India

15.3

Pakistan

7.9

Bangladesh

4.8

Malaysia

4.7

Egypt

3.9

Spain

3.8

United States

3.6

Netherlands

3.1

Myanmar

3.1

 


Palm Oil Exporters in Indonesia


How to find exporters in Indonesia? There are many sources but market research agency, government agencies, embassies, online resources, trade promotion councils and global trade events are some of the major ones. 


Check list of palm oil exporters in Indonesia below for reference.


             1.    PT INTIBENUA PERKASATAMA

             2.    BIROTIKA SEMESTA PT

             3.    PT BATARA ELOK SEMESTA TERPADU


Palm Oil Exports by Country – Indonesia Top Exporter


Global sales from palm oil exports by country totaled an estimated USD 23.2 billion in 2019, a decline by -24.7% from 2018 to 2019. As per global trade data, Indonesia stood as the largest exporter of palm oil in the world in 2019, which shared 44.8% value to total palm oil exports. The world’s top 10 palm oil exporter countries accounted 94% to overall value of shipments. Below given chart and table shows percentage share of top 10 exporter countries of palm oil in the world recorded in 2019.


Country

Value USD %

Indonesia

44.8

Malaysia

36

Netherlands

4.4

Papua New Guinea

1.8

Colombia

1.7

Guatemala

1.7

Germany

1.1

Honduras

1.1

Nepal

0.8

Thailand

0.6

 


Palm oil production is land-intensive, and much of Indonesia’s rainforest had been cleared to make way for plantations. The detrimental effects of oil palm cultivation, such as deforestation and air pollution through slash-and-burn land clearing practices, have in recent years come under increased global criticism. As of 2019 only a fraction of the palm oil produced in Indonesia was certified sustainable. Get the latest updates on Indonesian export market of palm oil with Indonesia export data of palm oil right here.

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