Indonesia’s Palm Oil Exports Surge 27.89% with Pakistan, India as Top Buyers

“Our exports of CPO [and its derivative products] had surged 27.89 percent year-on-year [yoy],” BPS’s senior official Pudji Ismartini told a news conference in Jakarta. Southeast Asia’s largest economy had exported $6.96 billion of this tropical oil over the same period in 2024. Exports are growing from a volume standpoint. Indonesia had shipped approximately 8.30 million tons of palm oil products between January and the end of May, up by 3.58 percent yoy. Indonesia, the world’s largest palm oil supplier, had been selling its palm oil at an average price of $1,076.17 per ton in January-May 2025. The price had jumped 23.56 percent yoy, as it used to average at around $870.99 per ton the year earlier, according to BPS. “Pakistan, India, and China were the top buyers of our CPO between January and May this year,” Pudji told reporters. Pudji did not go into details on how much CPO the three countries had purchased. However, palm oil has driven India’s contribution to Jakarta’s ...