API
< Back to situations

Monitor this situation.

[SITUATION] · [ACTIVE] · [BUSINESS]

5 clusters · 20 sources · 52 days · First seen · Last updated

Indonesian palm oil and regional export growth

Overview

Indonesia is experiencing significant growth in its palm oil sector, driven by high global demand and rising domestic consumption. National production reached 46 million tons for the 2024/2025 period, with Riau province serving as a major contributor, accounting for 10.7 million tons of exports in 2025. In June 2026, crude palm oil (CPO) exports saw a massive spike, increasing from 31,000 tons in May to 335,000 tons in June, contributing to a 64.08 percent rise in total palm oil product exports for that month. Domestic demand is also increasing, particularly in the biodiesel sector, which reached 1.13 million tons in June 2026.

Regional data from West Sumatra reflects this broader trend. Between January and July 2026, the province's export value rose 21.28 percent to US$1.937 billion. Animal and vegetable fats and oils, specifically liquid fractions of palm oil, crude palm oil, and refined palm oil, were the primary drivers, accounting for 85.78 percent of the total export value.

On a national level, Indonesia recorded a trade surplus of US$3.55 billion in August 2026, a substantial increase from the US$0.12 billion surplus in July 2026. This was driven by a US$6.09 billion surplus in the non-oil and gas sector and a narrowing deficit in the oil and gas sector. Cumulative data for January to August 2026 shows total exports reached US$193.64 billion, a 4.74 percent increase compared to the same period in 2025. The manufacturing industry was a primary driver, contributing US$159.55 billion, or 82.40 percent, of the total national export value. During this period, imports reached US$186.39 billion, a 19.84 percent increase from the previous year.

Entities

Indonesia · Budi Santoso · BPS · Riau · West Sumatra

Timeline

  1. [BUSINESS] 6 sources
    Indonesia exports grow 4.74 percent through August 2026

    Indonesia's exports rose 4.74% to $193.64 billion between January and August 2026, driven largely by a strong manufacturing sector.

  2. [BUSINESS] 2 sources
    Indonesia reports trade surplus amid rising export growth

    Indonesia reported a US$7.25 billion trade surplus from January to August 2026, driven by growth in non-oil and gas exports and a rising manufacturing sector, including a boost in toy exports.

  3. [BUSINESS] 6 sources
    Indonesia reports USD 3.55 billion trade surplus in August 2026

    Indonesia recorded a USD 3.55 billion trade surplus in August 2026, contributing to a cumulative USD 7.25 billion surplus for the year through August. Capital market fundraising also reached Rp 169.5 trillion.

  4. [BUSINESS] 5 sources
    West Sumatra exports rise 21.28 percent to US$1.93 billion

    West Sumatra's exports rose 21.28 percent to US$1.937 billion from January to July 2026, driven largely by palm oil and manufacturing sectors.

  5. [BUSINESS] 4 sources
    Indonesia palm oil exports surge amid high global demand

    Indonesia's palm oil sector shows strong growth, with Riau leading exports and June 2026 shipments surging 64% due to high demand in global markets and domestic biodiesel production.

Sources

antaranews.com · bisnis.liputan6.com · cnbcindonesia.com · disway.id · goodstats.id · industry.co.id · inews.id · infosawit.com · jawapos.com · katadata.co.id · keuangan.kontan.co.id · langgam.id · logistiknews.id · mediaasuransinews.co.id · mediakampung.com · megapolitan.okezone.com · nu.or.id · okezone.com · riaupembaruan.com · rri.co.id

This summary has been updated 4 times: see revision history