Volume of total palm oil exports Indonesia 2009-2019

Indonesia is the world’s largest exporter of palm oil. In 2019, its total palm oil exports amounted to 29.5 million metric tons. This was estimated to have increased in 2020, despite reduced demands in a key market, India.

Palm oil exports

The bulk of Indonesia’s palm oil was made up of crude palm oil and refined palm oil, with crude palm oil (CPO) exports reaching around 28 million metric tons in 2018. In that year, the export value of this commodity was about 16.5 billion U.S. dollars.

Main export markets

The main export market for Indonesian CPO was India , which made up more than 60 percent of the total CPO exports in 2018. India was in turn the world’s largest importer of palm oil in that year. However, in 2019, India introduced higher import duties on palm oil, leading to a decline in demand from this market. Despite this, Indonesian palm oil exports were buffeted by increased demand from China, which sought alternative vegetable oil supplies due to restrictions caused by the trade war with the U.S.

Volume of total palm oil exports from Indonesia from 2009 to 2019

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Sources

Release date

April 2020

Region

Indonesia

Survey time period

2009 to 2019

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Statistics on "Palm oil industry in Indonesia"

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