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Who buys Indonesia’s refined petroleum products? Export destinations 2024

In 2024, Indonesia exported $4.2 billion of refined petroleum products (6.9 million tonnes), 0.5% of the world total. Its main destinations were Singapore (47%), Malaysia (21%) and South Korea (9%). Indonesia was the world’s 35th-largest exporter of refined petroleum products.

Summary

Value
$4.2billion
Tonnes
6.9million tonnes
Share of world total
0.5%
World rank
35th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Singapore re-exports2Tonnes: 3,395,000USD per tonne: $58147%Sea
Malaysia0.87Tonnes: 1,901,857USD per tonne: $45820.7%Sea
South Korea0.4Tonnes: 563,004USD per tonne: $7039.4%Sea
China0.18Tonnes: 179,942USD per tonne: $1,0284.4%Sea
Netherlands re-exports0.16Tonnes: 108,594USD per tonne: $1,4543.8%Sea
Marshall Islands0.1Tonnes: 149,261USD per tonne: $6642.4%Sea
Australia0.09Tonnes: 115,216USD per tonne: $7802.1%Sea
Bangladesh0.06Tonnes: 68,323USD per tonne: $8261.3%Sea
Guam0.05Tonnes: 64,960USD per tonne: $7681.2%Sea
United States0.04Tonnes: 18,677USD per tonne: $2,3711.1%Sea
Pakistan0.04Tonnes: 60,416USD per tonne: $6720.97%Sea
Oman0.04Tonnes: 61,017USD per tonne: $6240.91%Sea
Trinidad and Tobago0.04Tonnes: 83,998USD per tonne: $4520.9%Sea
South Africa0.04Tonnes: 46,724USD per tonne: $8060.9%Sea
Myanmar0.02Tonnes: 7,835USD per tonne: $2,2200.41%Sea
India0.01Tonnes: 10,292USD per tonne: $1,4320.35%Sea
Germany0.01Tonnes: 5,874USD per tonne: $2,3200.32%Sea
Timor-Leste0.01Tonnes: 12,783USD per tonne: $7700.23%Sea
Vietnam0.01Tonnes: 5,913USD per tonne: $1,4780.21%Sea
Thailand0.01Tonnes: 3,743USD per tonne: $2,0830.19%Sea

Trend

Who it sells to

Singapore has been its main destination since 2024

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

  • Singapore 2
  • Malaysia 0.87
  • South Korea 0.4
  • China 0.18
  • Netherlands 0.16

Source: CEPII BACI

Show the numbers
Partner19952024
Singapore0.212
Malaysia< 0.010.87
South Korea0.120.4
China0.010.18
Netherlands00.16

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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