Indonesia’s palm oil export value has risen by 35% amid rising prices

According to Indonesia’s Central Statistics Office (BPS), the country has seen double-digit growth in the value of palm oil exports this year amid sharply rising prices for the country’s primary commodity.

From January to August 2025, Indonesia exported approximately US$16.66 billion worth of crude palm oil (CPO) and its refined products. During the same period last year, Southeast Asia’s largest economy sold approximately US$12.32 billion worth of palm oil to its foreign partners.

“Thus, our palm oil exports increased by 35.23% year-on-year in the first eight months of 2025,” M. Habibullah, deputy director of statistical production at the BPS, said at a press conference on Wednesday.

The BPS attributed the increase to rising prices for this agricultural commodity. This year, Indonesia sold palm oil at an average price of $1,041.32 per ton, up 19.91% from the previous year. Last year, the average price was approximately $868.42 per ton.

Previously, German analysts noted that global prices for palm and soybean oils are expected to rise by early 2026, as they form the basis for biofuel production, which is in demand amid falling oil prices. Furthermore, the increased mandate for biodiesel blending in Indonesia itself is also limiting the country’s export capacity and raising the price of the primary commodity.

Tags: Indonesia, palm oil