Indonesia's Largest Crude Oil Imports Originate from Saudi Arabia

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Viva Budy Kusnandar 21/03/2022 18:40 WIB

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Indonesia's largest crude oil imports in 2021 came from Saudi Arabia, reaching 4.42 million tons valued at US$2.27 billion.

Top 10 Countries of Origin for Indonesia's Crude Oil Imports (2021)

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Indonesia's Largest Crude Oil Imports Originate from Saudi Arabia

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Top 10 Countries of Origin for Indonesia's Crude Oil Imports (2021)

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Indonesia's dwindling crude oil production has forced the government to import large quantities of oil to meet domestic fuel needs.

The increasingly limited production from existing wells, coupled with the lack of new discoveries, has led to a steady increase in Indonesia's crude oil imports in recent years.

According to data from the Central Statistics Agency (BPS), Indonesia's largest crude oil imports in 2021 came from Saudi Arabia, with a volume of 4.42 million tons valued at US$2.27 billion.

This volume accounted for 32.08% of Indonesia's total crude oil imports, which totaled 13.78 million tons. The import volume also increased by 31.08% from the previous year.

The next largest source of Indonesia's crude oil imports was Nigeria, with 3.92 million tons valued at US$1.94 billion.

This was followed by Australia with 1.41 million tons valued at US$809.3 million, and Angola with 901,700 tons valued at US$432 million.

Indonesia also imported crude oil from Gabon (643,700 tons, US$311.7 million), Algeria (582,400 tons, US$298.6 million), and Malaysia (559,300 tons, US$275.6 million).

Further imports came from Azerbaijan (447,600 tons, US$227 million), Equatorial Guinea (278,900 tons, US$149.2 million), and the United States (180,900 tons, US$96.2 million).

Crude oil imports from other countries totaled 431,400 tons, valued at US$238.8 million.

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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Indonesia's Largest Crude Oil Imports Originate from Saudi Arabia

Indonesia's Largest Crude Oil Imports Originate from Saudi Arabia

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Indonesia's Largest Crude Oil Imports Originate from Saudi Arabia

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