The high domestic consumption of fuel oil, in line with the increasing number of motor vehicles, has led to a continuous increase in Indonesia's crude oil imports. Indonesia's crude oil imports showed an upward trend from 2013 to 2016. The Central Bureau of Statistics (BPS) recorded that Indonesia's crude oil imports in 2012 were only 12.55 million tons, but by 2016 had reached 19.32 million tons.
Meanwhile, Indonesia's crude oil exports showed an increase from 2015 to 2016. Crude oil exports in 2014 were only 12.4 million tons and increased by 25 percent to 15.55 million tons in 2015. Then in 2016, they rose again by 9 percent to 16.96 million tons.
Although the volume of Indonesia's crude oil imports and exports increased, their value actually decreased. The fall in oil prices from mid-2014 to early 2016 caused the value of Indonesia's crude oil imports and exports to decline. In 2013, the import value reached US$13.07 billion, but in 2016 it was only US$6.73 billion. Similarly, the value of crude oil exports also shrank from US$10.2 billion in 2013 to only US$5.2 billion in 2016.
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