Indonesia Fuel Oil HS2710 Export Data 2025 March Overview

Indonesia Fuel Oil (HS 2710) 2025 March Export: Key Takeaways

Indonesia’s Fuel Oil (HS Code 2710) export in March 2025 shows a concentrated buyer landscape, with Malaysia dominating at 38.53% of volume, reflecting regional reliance and bulk commodity pricing at $0.51/kg. The market remains stable, with shipments clustered around key partners like Malaysia, Singapore, and the Marshall Islands, driven by proximity and industrial demand. This analysis, covering March 2025, is based on cleanly processed Customs data from the yTrade database.

Indonesia Fuel Oil (HS 2710) 2025 March Export Background

Indonesia Fuel Oil (HS Code 2710), covering petroleum oils and bituminous mineral derivatives, is vital for shipping, power generation, and industrial sectors, ensuring steady global demand. Recent policy shifts, like Indonesia's 2025 palm oil levy hikes [FAS USDA], highlight the country's focus on energy exports, with Fuel Oil remaining a key trade flow. As a major exporter, Indonesia's March 2025 HS Code 2710 shipments reflect its strategic role in meeting regional and global energy needs.

Indonesia Fuel Oil (HS 2710) 2025 March Export: Trend Summary

Key Observations

Indonesia's Fuel Oil HS Code 2710 Export in March 2025 saw a dramatic surge, with volume nearly doubling and value increasing by over 85% compared to February, despite a continued decline in unit prices to $0.55 per kg.

Price and Volume Dynamics

Month-over-month, export volume jumped from 491.11 million units in February to 965.85 million in March, while value rose from $286.48 million to $532.94 million, even as the unit price fell by approximately 5%. This volume spike aligns with typical fuel oil market behavior, where exporters like Indonesia may ramp up shipments in response to favorable global demand or inventory drawdowns, often prioritizing volume over price during periods of oversupply or competitive pricing.

External Context and Outlook

External factors, such as Indonesia's recent policy shifts in export levies for related commodities like palm oil [USDA Report], suggest potential broader export strategy changes that could impact fuel oil. If similar adjustments are applied, future exports might face increased volatility, warranting close watch on policy announcements and global oil price trends for Indonesia Fuel Oil HS Code 2710 Export through 2025.

Indonesia Fuel Oil (HS 2710) 2025 March Export: HS Code Breakdown

Product Specialization and Concentration

In March 2025, Indonesia's Fuel Oil exports under HS Code 2710 were heavily concentrated in heavy fuel oil sub-codes, with HS 27101979 dominating the trade. This sub-code, described as non-light petroleum oils without biodiesel, accounted for 70.8 percent of the export value and 78.7 percent of the weight, at a unit price of 0.50 US dollars per kilogram. A notable anomaly is HS 27101942, which had an extreme unit price of over 2000 US dollars per kilogram, but it represents a minuscule share and is isolated from the main analysis due to its outlier nature.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes fall into two main groups: heavy fuel oils, such as HS 27101971 and 27101941, and light fuel oils, including HS 27101299 and 27101280. Unit prices for these range from 0.57 to 1.76 US dollars per kilogram, with little variation, indicating a trade in fungible bulk commodities likely tied to global oil price indices rather than differentiated manufactured products.

Strategic Implication and Pricing Power

For Indonesia Fuel Oil HS Code 2710 Export 2025 March, the market structure suggests limited pricing power for exporters, as bulk commodity trading depends on international market conditions. Players should focus on cost management and volume efficiency to compete effectively, without significant value-add opportunities.

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Indonesia Fuel Oil (HS 2710) 2025 March Export: Market Concentration

Geographic Concentration and Dominant Role

In March 2025, Indonesia's Fuel Oil HS Code 2710 export was heavily concentrated, with MALAYSIA as the dominant importer, accounting for 38.53% of the weight share. The value ratio of 35.63% is slightly lower than the weight ratio, indicating a bulk commodity with a lower unit price, around 0.51 USD per kg, typical for standard fuel oil exports.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: first, MALAYSIA and SINGAPORE, with high frequency and volume due to regional proximity and efficient shipping routes. Second, MARSHALL ISLANDS shows low frequency but high volume per shipment, likely for maritime bunkering or large-scale fuel supply. Other countries like CHINA MAINLAND and SOUTH KOREA form a smaller cluster for diversified industrial demand.

Forward Strategy and Supply Chain Implications

For Indonesia's Fuel Oil export, focus on strengthening logistics to key partners like MALAYSIA and SINGAPORE to maintain cost efficiency. Monitor bulk shipping costs and price trends to compete in commodity markets. Ensure stable supply chains to avoid disruptions in high-volume routes.

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Indonesia Fuel Oil (HS 2710) 2025 March Export: Action Plan for Fuel Oil Market Expansion

Strategic Supply Chain Overview

Indonesia Fuel Oil Export 2025 March under HS Code 2710 operates as a bulk commodity trade. Price is driven by global oil indices and product grade, not value-added features. Supply chain success depends on high-volume, low-cost logistics to nearby hubs. The market shows extreme concentration in both products and buyers, creating reliance on a few large partners. This brings risk from demand shifts or shipping cost changes.

Action Plan: Data-Driven Steps for Fuel Oil Market Execution

• Negotiate long-term contracts with high-frequency bulk buyers to lock in stable volume. This secures revenue and reduces market volatility risk.
• Monitor real-time shipping rates to key destinations like Malaysia and Singapore. This controls logistics costs and maintains export competitiveness.
• Diversify into smaller buyer segments with tailored payment or delivery terms. This builds resilience if major buyers reduce orders.
• Track HS Code 2710 sub-codes for grade mix shifts affecting unit price. This helps anticipate changes in product value and market demand.

Take Action Now —— Explore Indonesia Fuel Oil Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Indonesia Fuel Oil Export 2025 March?

Indonesia's Fuel Oil exports surged in March 2025, with volume nearly doubling and value rising 85% despite a 5% drop in unit prices. This reflects a volume-focused strategy amid global oversupply or competitive pricing, typical for bulk commodity markets.

Q2. Who are the main partner countries in this Indonesia Fuel Oil Export 2025 March?

Malaysia dominated with 38.5% of weight share, followed by Singapore and Marshall Islands. These partners form two clusters: high-frequency regional trade (Malaysia/Singapore) and low-frequency bulk shipments (Marshall Islands).

Q3. Why does the unit price differ across Indonesia Fuel Oil Export 2025 March partner countries?

Price differences stem from product specialization—heavy fuel oils (e.g., HS 27101979 at $0.50/kg) dominate, while rare sub-codes like HS 27101942 (over $2000/kg) are outliers. Most trades align with global bulk commodity pricing.

Q4. What should exporters in Indonesia focus on in the current Fuel Oil export market?

Exporters must prioritize high-volume buyers (99.7% of trade value) and stabilize logistics to Malaysia/Singapore. Diversifying smaller buyer segments could mitigate reliance on dominant clients.

Q5. What does this Indonesia Fuel Oil export pattern mean for buyers in partner countries?

Buyers in Malaysia/Singapore benefit from steady, cost-efficient supply, while Marshall Islands’ bulk shipments suit large-scale needs. The market’s concentration ensures reliability but limits negotiation leverage.

Q6. How is Fuel Oil typically used in this trade flow?

Fuel Oil exports are primarily bulk commodities for industrial energy or maritime bunkering, with heavy fuel oils (low unit prices) dominating trade volumes.