China was Indonesia's Largest Palm Oil Market in 2021

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Viva Budy Kusnandar 27/07/2022 10:00 WIB

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Indonesia's CPO exports to China reached 4.7 million tons in 2021.

Indonesia's CPO Export Volume by Destination Country (2021)

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China was Indonesia's Largest Palm Oil Market in 2021

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Indonesia's CPO Export Volume by Destination Country (2021)

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During a meeting with President Jokowi on Wednesday, July 26, 2022, the Chinese government expressed an additional import request for 1 million tons of crude palm oil (CPO) from Indonesia.

China was the largest market for Indonesia's CPO exports in 2021.

According to data from the Central Statistics Agency (BPS), in 2021, Indonesia's total CPO exports reached 26.99 million tons, down 1.23% from the previous year's 27.33 million tons.

Indonesia's CPO exports to China in 2021 reached 4.7 million tons. This volume comprised 17.43% of total national CPO exports and grew by 7.12% from the previous year.

The next largest destination for Indonesian CPO exports was India, reaching 3.09 million tons (11.44%) in 2021. This was followed by Pakistan with 2.67 million tons (9.91%), the United States with 1.64 million tons (6.08%), and Bangladesh with 1.32 million tons (4.89%).

Next were Egypt with palm oil exports reaching 1.04 million tons (3.68%), Spain with 992,800 tons (3.68%), Italy with 622,700 tons (2.31%), the Netherlands with 567,000 tons (2.1%), and Singapore with 55,700 tons (0.21%).

CPO exports to other countries cumulatively reached 10.29 million tons (38.13%).

Editor : Adi Ahdiat

"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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China was Indonesia's Largest Palm Oil Market in 2021

China was Indonesia's Largest Palm Oil Market in 2021

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