Oil and gas are some of the most critical fuel resources because of their divergent applications in different sectors like electricity generation, heating, and cooling, fuel for transportation commodities, petrochemical industries, mining industries, and production industries.

The higher global energy demands of the nation and the increasing geopolitical importance of the country are some of the attributing factors behind the growing export trade rate of Oil and Gas from Indonesia. The staggering export trade rate stood at a point of 42 billion US dollars in 2023 with a growth rate of 4% from the previous year worth 38 billion US dollars in 2022.

Top 10 Oil and Gas Exports of Indonesia in 2023

Indonesia with a rich reserve of natural resources exports a huge variant of oil and gas for a suitable annual revenue generation. As per the Indonesia Export Data, the top exports of the nation in 2023 are discussed below,

• Crude Oil – The export trade value of Crude Oil from Indonesia in 2023 – 28 billion US dollars.

• Liquefied Natural Gas – The export trade value of Liquefied Natural Gas from Indonesia in 2023 – 23 billion US dollars.

• Refined petroleum products – The export trade value of Refined petroleum products from Indonesia in 2023 – 18 billion US dollars.

• Coal – The export trade value of Coal from Indonesia in 2023 – 15 billion US dollars.

• Petroleum gases – The export trade value of Petroleum gases from Indonesia in 2023 – 12 billion US dollars.

• Petroleum Coke – The export trade value of Petroleum Coke from Indonesia in 2023 – 10 billion US dollars.

• Other Mineral Fuels – The export trade value of Other Mineral Fuels from Indonesia in 2023 – 8 billion US dollars.

• Iron Ores – The export trade value of Iron Ores from Indonesia in 2023 – 7 billion US dollars.

• Copper Ores – The export trade value of Copper Ores from Indonesia in 2023 – 6 billion US dollars.

• Methanol – The export trade value of Methanol from Indonesia in 2023 – 5 billion US dollars.

Top 10 Export Partners of Indonesia for Oil and Gas Export

According to the Indonesia Trade Data, the top 10 nations framing the export trade demographics of Indonesia’s Oil and Gas export are discussed below,

• Japan – According to the Japan Import Data, the valuation of Oil and Gas exports from Indonesia in 2023 – 18 billion US dollars.

Types of Oil and Gas Export to Japan

1. Minas Crude Oil
2. Bontang LNG
3. Tangguh LNG
4. Gasoline
5. Premium Gasoline

• China – According to the China Import Data, the valuation of Oil and Gas exports from Indonesia in 2023 – 15 billion US dollars.

Types of Oil and Gas Export to China

1. Arun LNG
2. Banyu Urip LNG
3. LNG for Japan
4. Ethane Gas
5. Butane Gas

• Singapore – According to the Singapore Import Data, the valuation of Oil and Gas exports from Indonesia in 2023 – 12 billion US dollars.

Types of Oil and Gas Export to Singapore

1. Pertamax Turbo
2. Biodiesel B30
3. Low Sulfur Diesel Fuel
4. Jet Fuel
5. Kerosene

• India – According to the India Import Data, the valuation of Oil and Gas export from Indonesia in 2023 – 10 billion US dollars.

Types of Oil and Gas Export to India

1. Industrial Fuel Oil
2. Naptha
3. Reformate
4. Paraffinic Naphtha
5. Gasoil

• South Korea – According to the South Korea Import Data, the valuation of Oil and Gas exports from Indonesia in 2023 – 9 billion US dollars.

Types of Oil and Gas Export to South Korea

1. Base Oil
2. Solvent Naphtha
3. Propylene
4. Belinda Crude Oil
5. Attaka Crude Oil

• Malaysia – According to the Malaysia Import Data, the valuation of Oil and Gas export from Indonesia in 2023 – 7 billion US dollars.

Types of Oil and Gas Export to Malaysia

1. Minas Crude Oil
2. Cinta Crude Oil
3. West Java Crude Oil
4. Grissik LNG
5. Senoro LNG

• Thailand – According to the Thailand Import Data, the valuation of Oil and Gas exports from Indonesia in 2023 – 5 billion US dollars.

Types of Oil and Gas Export to Thailand

1. Floating LNG Exports
2. Liquid Petroleum Gas
3. Ethane Gas
4. Propane Gas
5. Biodiesel B50

• Vietnam – According to the Vietnam Import Data, the valuation of Oil and Gas export from Indonesia in 2023 – 3 billion US dollars.

Types of Oil and Gas Export to Vietnam

1. Paraffinic Naphtha
2. Light Distillates
3. Gasoil
4. Solvent Naphtha
5. Butadiene

• Philippines – According to the Philippines Import Data, the valuation of Oil and Gas export from Indonesia in 2023 – 2 billion US dollars.

Types of Oil and Gas Export to the Philippines

1. Ammonia
2. Polypropylene
3. Ethanol
4. Alkylate
5. Iso-Octane

• Australia – According to the Australia Import Data, the valuation of Oil and Gas export from Indonesia in 2023 – 1 billion US dollars.

Types of Oil and Gas Export to Australia

1. Nitrogen
2. Synthetic Diesel
3. Methanol
4. Propane Gas
5. Banyu Urip LNG

Export Trade Statistics of Oil and Gas of Indonesia for the Last 10 Years

1. Export trade value of oil and gas from Indonesia in 2013 – 26.5 billion US dollars.

2. Export trade value of oil and gas from Indonesia in 2014 – 28 billion US dollars.

3. Export trade value of oil and gas from Indonesia in 2015 - 30 billion US dollars.

4. Export trade value of oil and gas from Indonesia in 2016 – 29 billion US dollars.

5. Export trade value of oil and gas from Indonesia in 2017 – 32 billion US dollars.

6. Export trade value of oil and gas from Indonesia in 2018 - 34 billion US dollars.

7. Export trade value of oil and gas from Indonesia in 2019 – 33 billion US dollars.

8. Export trade value of oil and gas from Indonesia in 2020 – 37 billion US dollars.

9. Export trade value of oil and gas from Indonesia in 2021 – 35 billion US dollars.

10. Export trade value of oil and gas from Indonesia in 2022 – 38 billion US dollars.

FAQ’s

Que. What is the export trade value of Oil and Gas from Indonesia in 2023?
Ans. The export trade value of Oil and Gas from Indonesia in 2023 is 42 billion US dollars.

Que. What is the top Oil and Gas export commodity of Indonesia in 2023?
Ans. Crude oil is the top Oil and Gas export commodity of Indonesia in 2023.

Que. Where can you get a detailed trade analysis of the Oil and Gas Export of Indonesia in 2023?
Ans. At Import Globals, you can get a detailed hike of the total Oil and Gas export trade of Indonesia in 2023 with values.

www.importglobals.com ; info@importglobals.com