Lang
Indonesian palm oil export value rose 20% in the first four months of 2025, even though official data showed a decline in export volumes of this key commodity.
Indonesia's Central Statistics Agency (BPS) announced on Monday that the country exported crude palm oil (CPO) and its derivatives worth a total of $7.05 billion between January and April 2025, without specifying details of the main importing countries. This figure represents a 20% increase compared with exports worth $5.87 billion in the same period of 2024.
The data showed a slight decline in export volume, with Indonesia having sold around 6.78 million tonnes of palm oil and its derivatives between January and April 2024, falling by 5.37% to 6.41 million tonnes in the same period of 2025.
Nevertheless, Indonesia managed to secure higher earnings from palm oil trade thanks to a 26.54% rise in the average price per tonne. The average price stood at $869.16 per tonne at the start of 2024, compared with $1,099.82 in the same period of 2025.
Palm oil and its derivatives accounted for 8.54% of Indonesia's non-oil and gas exports between January and April 2025, which totalled $82.56 billion.
Pudji Ismartini, a deputy at the statistics agency, said:
"India was our third-largest destination for non-oil exports during that period, with a value reaching $5.59 billion."
She explained that India imported large quantities of products classified under customs code HS15, which covers animal and vegetable fats and oils, with the value of these exports to India reaching $810 million. Palm oil is classified among vegetable oils, and this category represents 14.46% of Indonesia's non-oil exports to India.
Source: Al Mal Forum