Indonesia | Exports | World | Palm oil | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" from Indonesia totalled $ 22 billion in 2023. Sales of commodity group 1511 from Indonesia decreased by 18.2% in value terms compared to 2022. exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 5.08 billion (cumulative exports of commodity group 1511 from Indonesia amounted $27 billion in 2022)
Exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" amounted to 8.76% of total exports from Indonesia (cumulative merchandise exports from Indonesia totalled $ 258 billion in 2023). The share of commodity group 1511 in total exports from Indonesia decreased by 0.743 p.p. compared to 2022 (it was 9.5% in 2022 and cumulative exports from Indonesia were equal to $ 291 billion).
Exports of commodity group 1511 amounted to 79% of total sales of group "" from Indonesia in 2023 (the value of exports of commodity group from Indonesia amounted to $28 billion in 2023). The share of exports of commodity group 1511 in sales of commodity group from Indonesia increased by 0.861 p.p. compared to 2022 (it was 78% in 2022, and exports of commodity group from Indonesia were $35 billion).
Where does Indonesia export Palm oil and its fractions, whether or not refined, but not chemically modified?
Top export destinations of "Palm oil and its fractions, whether or not refined, but not chemically modified" from Indonesia in 2023:
- India with a share of 19.9% (4.51 billion US$)
- China with a share of 15.9% (3.6 billion US$)
- Pakistan with a share of 9.58% (2.17 billion US$)
- USA with a share of 6.69% (1.51 billion US$)
- Bangladesh with a share of 5.12% (1.16 billion US$)
- Egypt with a share of 3.52% (798 million US$)
- Malaysia with a share of 3.01% (684 million US$)
- Spain with a share of 2.56% (581 million US$)
- Vietnam with a share of 2.54% (577 million US$)
- Myanmar with a share of 2.29% (521 million US$)
Exports structure of 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified - from Indonesia in 2023 represented by the following main commodity groups:
- 86% (19.6 billion US$): 151190 - Palm oil, other than crude, & fractions thereof , whether or not ref. but not chemically modified
- 13.4% (3.05 billion US$): 151110 - Palm oil, crude
