Indonesia’s Palm Oil Export Skyrockets 32.4 Pct
Indonesia announced Monday that its nine-month palm oil export value had skyrocketed by around 32 percent amidst an uptrend in price.
The Central Statistics Agency (BPS) said that the double-digit growth in palm oil shipments had helped Indonesia keep its surplus streak for 65 consecutive months since May 2020. According to BPS, Indonesia exported $18.14 billion worth of crude palm oil (CPO) and its derivatives between January and September 2025. The palm oil shipments registered over the same period in 2024 only totaled $13.7 billion.
“This shows that our palm oil exports [in January-September 2025] jumped 32.40 percent,” Pudji Ismartini, a senior official at BPS, told reporters.
Volume-wise, palm oil exports rose 11.62 percent to 17.58 million tons. The January-September 2024 shipments amounted to 15.75 million tons. CPO and its derivatives made up 9.08 percent of the non-oil and gas exports that Indonesia had recorded so far this year as of September, data showed. However, less palm oil had left Indonesia’s ports in September compared to the previous month.
“Palm oil exports only hit 1.38 million tons in September, down 45.94 percent from August,” Pudji said.
The agency did not disclose the biggest export destinations for Indonesian CPO. However, the list of traditional buyers comprises India, China, and Pakistan.
Goods under the animal fats and vegetable oil sub-category also drove Indonesia’s exports to India between January and September, reaching $2.84 billion. CPO falls within this sub-category, although BPS did not say the percentage of palm oil in India-bound exports. The overall animal fat and palm oil exports represented 20.29 percent of what Indonesia shipped to New Delhi. India was Indonesia’s third-biggest export partner so far in 2025 as of end-Q3, just behind China and the US.
Global palm oil prices are on the rise. In September, the price stood at around $1,038.36 per metric ton, up 1.19 percent month-on-month. Prices soared 5.65 percent year-on-year, BPS data revealed.
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