Indonesia increases palm oil exports by 69% in July

In July, Indonesia exported 2.99 million tons of palm oil, up 69% from last year (1.77 million tons), but slightly below June (3.04 million tons), according to analysts at Oil World (Germany).

The country’s main exports were to India – 655 thousand tons, of which 621 thousand tons were crude palm oil, as well as to China – 388 thousand tons, Pakistan – 361 thousand tons, and the EU – 194 thousand tons.

According to the Central Bureau of Statistics of Indonesia (Badan Pusat Statistik, BPS), from January to July, the country exported 13.64 million tons of unrefined and refined oil, up 10.95% from a year earlier.

Tags: palm oil, Indonesia