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 ...