Trade

Lite

Global Oil Prices Rise, Widening Indonesia's Oil Trade Deficit in 2021

Viva Budy Kusnandar 28/07/2022 17:40 WIB

Bagikan URL has been copied

Memuat...

Last year's oil trade balance deficit was the deepest in three years.

Indonesia's Oil/Processed Oil Trade Balance (2012-2021)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Global Oil Prices Rise, Widening Indonesia's Oil Trade Deficit in 2021

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Indonesia's Oil/Processed Oil Trade Balance (2012-2021)

Download

Source

A Small
A Medium
A Bigger

Rising oil prices and increasing demand caused Indonesia's oil product (fuel and lubricant) trade balance deficit to widen again in 2021.

Brent crude oil prices surged 54.27% year-on-year to US$79.2 per barrel from US$51.34 per barrel.

Based on data from the Central Statistics Agency (BPS), Indonesia's oil product exports increased by 37.1% to US$1.99 billion in 2021 from the previous year. Meanwhile, national oil product imports jumped 73.71% to US$14.3 billion last year from the previous year.

As a result, Indonesia's refined oil trade deficit widened to US$12.39 billion last year. This deficit surged compared to the previous year's US$6.83 billion.

Last year's oil product trade deficit was the deepest in the last three years, as shown in the graph.

Indonesia's deepest oil product trade deficit was recorded in 2018, reaching US$16 billion in the last five years. At that time, the value of oil product imports reached US$17.64 billion, while exports were only US$1.64 billion.

Editor : Annissa Mutia

"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."

Related Data

34.31 Thousand Dumai City Residents are Junior High School Graduates by the End of 2024

Ministry of Environment and Forestry Finds 28 Hotspots in Indonesia, Most in Southeast Sulawesi (Sunday, January 4, 2026)

Average Length of Schooling in Lumajang Regency Still Below National Average

Sunday Morning Air Pollution (1/4): South Sumatra Worst, How About Other Regions?

Prevalence of Food Consumption Inadequacy in Mojokerto Increased by 2.91% in the Last 5 Years

Average Length of Schooling in Malang Regency Rises to 7.98 Years

Latest Data Stories

FAO Index: September 2024 Food Prices Rise Economics & Macro 04/01/2026, 12:08 WIB

34.31 Thousand Dumai City Residents are Junior High School Graduates by the End of 2024 Demographics 04/01/2026, 12:04 WIB

Ministry of Environment and Forestry Finds 28 Hotspots in Indonesia, Most in Southeast Sulawesi (Sunday, January 4, 2026) Demographics 04/01/2026, 11:36 WIB

Number of Motor Vehicles in Ogan Komering Ilir Regency (January 2, 2026) Transportation & Logistics 04/01/2026, 11:30 WIB

Realized Regional Expenditure of Tasikmalaya Regency Government as of December 2025 Economics & Macro 04/01/2026, 11:24 WIB

Average Length of Schooling in Lumajang Regency Still Below National Average Consumer Services & Health 04/01/2026, 11:12 WIB

Download

Source

Global Oil Prices Rise, Widening Indonesia's Oil Trade Deficit in 2021

Global Oil Prices Rise, Widening Indonesia's Oil Trade Deficit in 2021

Tags

Related Data

34.31 Thousand Dumai City Residents are Junior High School Graduates by the End of 2024

Ministry of Environment and Forestry Finds 28 Hotspots in Indonesia, Most in Southeast Sulawesi (Sunday, January 4, 2026)

Average Length of Schooling in Lumajang Regency Still Below National Average

Sunday Morning Air Pollution (1/4): South Sumatra Worst, How About Other Regions?

Prevalence of Food Consumption Inadequacy in Mojokerto Increased by 2.91% in the Last 5 Years

Average Length of Schooling in Malang Regency Rises to 7.98 Years

Latest Data Stories

Popular Data

Global Oil Prices Rise, Widening Indonesia's Oil Trade Deficit in 2021

Global Oil Prices Rise, Widening Indonesia's Oil Trade Deficit in 2021

Tags

Related Data

34.31 Thousand Dumai City Residents are Junior High School Graduates by the End of 2024

Ministry of Environment and Forestry Finds 28 Hotspots in Indonesia, Most in Southeast Sulawesi (Sunday, January 4, 2026)

Average Length of Schooling in Lumajang Regency Still Below National Average

Sunday Morning Air Pollution (1/4): South Sumatra Worst, How About Other Regions?

Prevalence of Food Consumption Inadequacy in Mojokerto Increased by 2.91% in the Last 5 Years

Average Length of Schooling in Malang Regency Rises to 7.98 Years

Latest Data Stories

Trending Topics

Popular Data