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Where does Indonesia get its crude oil? Import sources 2024

In 2024, Indonesia imported $9.9 billion of crude oil (16.7 million tonnes), 0.8% of the world total. Its main sources were Nigeria (25%), Saudi Arabia (21%) and Angola (17%). Indonesia was the world’s 22nd-largest importer of crude oil.

Summary

Value
$9.9billion
Tonnes
16.7million tonnes
Share of world total
0.8%
World rank
22nd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Nigeria2.5Tonnes: 4,750,632USD per tonne: $52425.1%Sea
Saudi Arabia2.1Tonnes: 3,428,430USD per tonne: $59920.7%Sea
Angola1.7Tonnes: 2,735,465USD per tonne: $61917.1%Sea
Gabon1Tonnes: 1,706,100USD per tonne: $60810.5%Sea
Australia0.74Tonnes: 1,129,667USD per tonne: $6597.5%Sea
United States0.4Tonnes: 614,169USD per tonne: $6504%Sea
Algeria0.38Tonnes: 612,887USD per tonne: $6253.9%Sea
Brunei0.31Tonnes: 460,518USD per tonne: $6783.2%Sea
Azerbaijan0.18Tonnes: 311,543USD per tonne: $5911.9%Sea
Equatorial Guinea0.17Tonnes: 235,148USD per tonne: $7301.7%Sea
Malaysia0.11Tonnes: 205,321USD per tonne: $5471.1%Land
Brazil0.08Tonnes: 128,185USD per tonne: $6140.8%Sea
United Arab Emirates0.07Tonnes: 121,773USD per tonne: $6120.75%Sea
Papua New Guinea0.06Tonnes: 78,277USD per tonne: $7490.59%Land
Norway0.05Tonnes: 75,173USD per tonne: $7060.54%Sea
China0.04Tonnes: 81,278USD per tonne: $5410.44%Sea
New Zealand0.01Tonnes: 16,684USD per tonne: $6970.12%Sea
Singapore re-exports< 0.01Tonnes: 0USD per tonne: $62,8570%Air
Japan< 0.01Tonnes: —USD per tonne: —0%Sea
Italy< 0.01Tonnes: —USD per tonne: —0%Sea

Trend

Who it buys from

Nigeria has been its main source since 2022

Value in USD billions. The five largest sources in 2024.

  • Nigeria 2.5
  • Saudi Arabia 2.1
  • Angola 1.7
  • Gabon 1
  • Australia 0.74

Source: CEPII BACI

Show the numbers
Partner19952024
Nigeria0.172.5
Saudi Arabia0.462.1
Angola01.7
Gabon01
Australia0.220.74

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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