Palm oil exports from Indonesia have increased by 36% since the beginning of the year
In the first two months of 2026, the country exported 4.54 million tonnes of crude and refined palm oil, a 36.3% increase compared to the same period a year earlier, Reuters reported, citing Statistics Indonesia. The total value of exported oil was $4.69 billion.
In February, Indonesia exported 2.3 million tonnes of palm oil, valued at $2.4 billion.
Export data does not include palm kernel oil, oleochemicals, and biodiesel.
It was previously reported that Malaysia’s palm oil exports increased by 42.7% in March.
Experts cite the sharp rise in tropical oils as a reason for the overall rise in prices for alternative oils amid the energy and logistics crisis in the Middle East.
As OleoScope analysts previously calculated, sunflower oil export prices increased by more than 20% over the year, and palm oil was the only product that was cheaper by mid-year than at the beginning (a low of $963 in May). By December, the price had recovered to $1,018, but overall, the year closed in the red, with prices down 5.6% compared to January.
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