India was Indonesia's main destination for palm oil exports in 2022.

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Nabilah Muhamad 07/07/2023 16:00 WIB

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According to BPS data, India is Indonesia's main export destination for palm oil, with a total of 4.9 million tons.

Indonesia's Palm Oil Export Volume by Main Destination Country (2022)

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Indonesia's Palm Oil Export Volume by Main Destination Country (2022)

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Based on data from the Central Statistics Agency (BPS), Indonesia exported 26.2 million tons of palm oil in 2022.

This figure represents a decrease of 769,300 tons compared to the previous year (year-on-year/YoY), when 26.9 million tons of palm oil were exported in 2021.

The three main export destinations for this commodity over the past two years were India, China, and Pakistan.

In 2022, Indonesia exported the most palm oil to India, with a shipment volume of 4.9 million tons.

This export volume to India saw a significant increase of 61.76% compared to the previous year (YoY), when only 3.08 million tons of palm oil were shipped in 2021.

India's contribution to total palm oil exports was 17.96%, amounting to US$5.32 billion.

China followed in second place, with Indonesia exporting 3.83 million tons of palm oil to the country last year.

This figure represents a decrease of approximately 18.42% from the previous year (YoY), when 4.7 million tons were exported in 2021.

Meanwhile, palm oil exports to Pakistan, Malaysia, and the United States saw volume increases of 4.89%, 9.10%, and 0.23%, respectively.

Riau province was the main exporter of palm oil in Indonesia, with exports totaling 10.5 million tons last year.

(Also read: Indonesian Palm Oil Consumption Rises, Especially for Biodiesel)

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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India was Indonesia's main destination for palm oil exports in 2022.

India was Indonesia's main destination for palm oil exports in 2022.

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India was Indonesia's main destination for palm oil exports in 2022.

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