2025 Aug Indonesia Fuel Oil (2710) Export Snapshot: Surge & Dip

Indonesia's Fuel Oil exports surged 52% to $239.46M in August, with HS Code 2710 volumes up 58%. Track key trends on yTrade for insights into top buyers like Singapore and BP Singapore PTE Limited.

August Trend: Indonesia Fuel Oil Export

Fuel Oil, classified under HS Code 2710 (Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils), saw exports rebound in August, with volume jumping 58.34% MoM to 434.26M kg and value rising 52.44% to $239.46M, despite a 3.73% dip in unit price to $0.55/kg. The recovery follows a sharp contraction in July, though volumes remain below June levels. Indonesia's recent export tax adjustments on crude palm oil may have indirectly influenced fuel oil trade flows.

Table: Indonesia Fuel Oil Export Trend (Source: yTrade)

DateValueWeightUnit PriceValue MoMWeight MoMUnit Price MoM
2025-01-01335.41M USD539.28M kg$0.62/kgN/AN/AN/A
2025-02-01286.48M USD491.11M kg$0.58/kg-14.59%-8.93%-6.21%
2025-03-01532.94M USD965.85M kg$0.55/kg+86.03%+96.67%-5.41%
2025-04-01381.10M USD678.24M kg$0.56/kg-28.49%-29.78%+1.83%
2025-05-01329.95M USD619.37M kg$0.53/kg-13.42%-8.68%-5.19%
2025-06-01255.38M USD455.05M kg$0.56/kg-22.60%-26.53%+5.35%
2025-07-01157.08M USD274.26M kg$0.57/kg-38.49%-39.73%+2.06%
2025-08-01239.46M USD434.26M kg$0.55/kg+52.44%+58.34%-3.73%

Get Indonesia Fuel Oil Historical Export Data

Indonesia Fuel Oil Destination Countries

Table: Indonesia Fuel Oil (HS Code 2710) Top Destination Countries (Source: yTrade)

CountryValueQuantityFrequencyWeight
SINGAPORE121.33M1.62M118.00251.31M
MALAYSIA64.45M1.49M73.00120.24M
OMAN24.77M328.35K9.0035.49M
NETHERLANDS9.92M9.54K3.009.53M
SOUTH KOREA9.11M16.55K42.0010.07M
CHINA MAINLAND************************

Get Complete Indonesia Fuel Oil Destination Countries Profile

Indonesia Fuel Oil HS Code Breakdown

Table: Indonesia (HS Code 2710) Breakdown Details (Source: yTrade)

HS CodeProduct DescriptionValueFrequencyQuantityWeight
271019**Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations160.30M36.002.21M327.72M
271012**Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; light oils and preparations24.71M2.00298.60K35.46M
271019**Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations20.55M14.0022.11K21.51M
2710******************************************

Check Detailed HS Code 2710 Breakdown

Indonesia Fuel Oil Buyers List

Table: Indonesia Fuel Oil (HS Code 2710) Top Buyers List (Source: yTrade)

Buyer CompanyValueQuantityFrequencyWeight
BP SINGAPORE PTE LIMITED59.04M802.68K4.00118.11M
PERTAMINA INTERNATIONAL MARKETING AND DISTRIBUTION PTE. LTD30.55M400.98K2.0058.38M
UNION INTERNATIONAL TRADING PTE LTD28.15M356.39K3.0064.36M
SK ENMOVE EUROPE B.V************************

Check Full Fuel Oil Buyers list

Frequently Asked Questions

How did Indonesia Fuel Oil Export perform in August?

Exports surged 52% month-on-month to $239.46M, with volumes up 58% to 434.26M kg. Unit prices dipped 3.7% to $0.55/kg.

What are the top Export partners for Indonesia Fuel Oil?

Singapore ($121.33M), Malaysia ($64.45M), and Oman ($24.77M) accounted for 88% of total export value.

Who are the major Fuel Oil Buyers?

BP Singapore PTE Limited ($59.04M), Pertamina International Marketing ($30.55M), and Union International Trading ($28.15M) dominated purchases.

What is the specific HS Code for this trade?

The data covers HS Code 2710, with significant activity in petroleum oils not containing biodiesel (HS 271019**, $160.30M).

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