Palm oil exports from Indonesia increased by more than 25% in monetary terms

According to Indonesia’s Central Statistics Agency (BPS), the country recorded double-digit growth in palm oil export value in October, keeping the resource-rich economy profitable for 66 months, Jakarta Global reports.

The agency’s data showed that Indonesia exported approximately US$20.2 billion in palm oil (crude or processed) from January to October 2025. Palm oil, which plays a key role in food and cosmetics production, accounted for 9.05% of Jakarta’s non-oil and gas exports during this period.

Exports of crude palm oil and its derivatives increased by 25.73% in value as of October compared to 2024. For the same ten-month period in 2024, Indonesia’s palm oil sales abroad totaled US$16.07 billion.

Southeast Asia’s largest economy also benefited from a price advantage: in October, global palm oil prices rose 0.8% compared to the previous month, reaching $1,045.04 per ton.

In physical terms, palm oil exports in January-October 2025 totaled 19.49 million tonnes, up 7.83% from 2024. In the first ten months of last year, the country sold 18.08 million tonnes to foreign markets.

BPS did not disclose the names of its largest buyers, although this commodity was key in Jakarta’s trade relations with India.

Tags: Indonesia, palm oil