2025 Jun Indonesia Fuel Oil (2710) Export Snapshot: Volume Dip

Indonesia's Fuel Oil exports dropped 22.6% in June 2025, with volume down 26.5%. Track HS Code 2710 trends on yTrade for insights into key markets like Singapore and Malaysia.

June 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 a 5.35% month-on-month rise in unit price to $0.56/kg in June, even as export value and volume fell sharply by 22.6% and 26.53%, respectively. The price rebound followed Indonesia's hike in export levies on palm oil products, which may have tightened supply dynamics. However, the decline in trade volume suggests weaker demand or logistical constraints. The June figures mark a continuation of volatile swings, with a 96.67% surge in volume in March followed by steady declines.

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%

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
SINGAPORE153.06M2.03M85.00293.68M
MALAYSIA52.49M1.25M80.0094.34M
MARSHALL ISLANDS32.34M385.00K2.0051.95M
NETHERLANDS8.23M8.39K2.008.39M
AUSTRALIA2.58M57.34K174.001.24M
THAILAND************************

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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 preparations138.39M30.001.88M277.43M
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 preparations56.55M8.00679.39K91.96M
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 preparations26.55M2.00237.92K42.15M
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
PERTAMINA INTERNATIONAL MARKETING AND DISTRIBUTION PTE. LTD64.06M841.70K5.00123.77M
C.S.G. TRADING FZE56.13M674.23K5.0091.27M
CHEVRON SINGAPORE PTE LTD28.09M404.47K2.0059.36M
PHILLIPS 66 INTERNATIONAL TRADING PTE LTD************************

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Frequently Asked Questions

How did Indonesia Fuel Oil Export perform in June?

Exports dropped 22.6% month-on-month to $255.38M, with volume down 26.5% to 455.05M kg. Unit price rose 5.4% to $0.56/kg.

What are the top Export partners for Indonesia Fuel Oil?

Singapore ($153.06M), Malaysia ($52.49M), and Marshall Islands ($32.34M) were the top destinations.

Who are the major Fuel Oil Buyers?

The market is dominated by trading firms like Pertamina International Marketing and C.S.G. Trading FZE, handling bulk shipments.

What is the specific HS Code for this trade?

The data covers HS Code 2710, with significant activity in petroleum oils (non-crude, non-light) under HS 271019.

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