Indonesia Fuel Oil HS2710 Export Data 2025 Q1 Overview

Indonesia Fuel Oil (HS 2710) 2025 Q1 Export: Key Takeaways

Indonesia's Fuel Oil Export (HS Code 2710) in 2025 Q1 shows Singapore as the dominant regional hub, absorbing 41% of volume and value, signaling stable bulk-grade trade. The market remains concentrated, with Singapore and Malaysia handling over 70% of shipments, while higher-value flows to the Netherlands suggest niche opportunities. This analysis is based on cleanly processed Customs data from the yTrade database, covering 2025 Q1.

Indonesia Fuel Oil (HS 2710) 2025 Q1 Export Background

Indonesia Fuel Oil (HS Code 2710) covers petroleum oils and bituminous mineral derivatives, critical for shipping, power generation, and industrial heating due to their high energy density. While global demand remains steady, Indonesia’s 2025 Q1 export policies for this product stayed unchanged, contrasting with its aggressive levy hikes on palm oil exports under Regulation No. 30/2025 [FAS USDA]. As Southeast Asia’s top fuel oil exporter, Indonesia’s stable trade rules and refining capacity keep it competitive in regional markets.

Indonesia Fuel Oil (HS 2710) 2025 Q1 Export: Trend Summary

Key Observations

Indonesia's Fuel Oil exports under HS Code 2710 in 2025 Q1 experienced a notable price decline alongside a sharp volume surge in March, with unit prices dropping from $0.62 to $0.55 per kg sequentially, while March volumes nearly doubled to 965.85 million kg, driving value up significantly.

Price and Volume Dynamics

The quarter opened with steady January exports at 539.28 million kg valued at $335.41 million, but February saw a dip to 491.11 million kg and $286.48 million, reflecting typical post-holiday demand easing in industrial fuel cycles. March's rebound to 965.85 million kg and $532.94 million, despite lower prices, suggests accelerated stock replenishment or pre-buying ahead of seasonal shifts, common in petroleum markets where Q1 often sees volatility due to inventory adjustments and global price pressures. The sequential price drop from $0.62 to $0.55 per kg indicates competitive pricing strategies to maintain export momentum amid fluctuating demand.

External Context and Outlook

While no direct policy changes affected Indonesia's HS Code 2710 exports in Q1, broader export levy hikes on palm oil products [USDA] and temporary duty adjustments (Global Trade Alert) signal a tightening export environment that could indirectly influence petroleum oils through cross-commodity competition or regulatory spillovers. Looking ahead, sustained global oil price volatility and regional demand patterns may continue to drive Indonesia Fuel Oil HS Code 2710 Export 2025 Q1 trends, with potential impacts from ongoing policy reviews.

Indonesia Fuel Oil (HS 2710) 2025 Q1 Export: HS Code Breakdown

Product Specialization and Concentration

In 2025 Q1, Indonesia's Fuel Oil export under HS Code 2710 is highly concentrated in sub-code 27101979, which represents petroleum oils not light oils and preparations, capturing 64.98% of the export value at a unit price of 0.52 USD per kilogram. An extreme price anomaly exists in sub-code 27101942, isolated from the main analysis due to its outlier unit price of 2091.04 USD per kilogram.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes fall into two clear groups based on oil grade: light oils (e.g., 27101299 and 27101280) with unit prices around 0.70 USD per kilogram, and heavy oils (e.g., 27101971 and 27101941) ranging from 0.66 to 1.09 USD per kilogram. This uniform pricing across grades confirms a market structure centered on fungible bulk commodities, directly tied to global oil benchmarks without significant value-add differentiation.

Strategic Implication and Pricing Power

For Indonesia Fuel Oil HS Code 2710 Export 2025 Q1, the commodity-driven nature implies low pricing power for exporters, with strategies focused on cost control and scale rather than product innovation. Market players should prioritize operational efficiency and monitor global price trends to maintain competitiveness.

Check Detailed HS 2710 Breakdown

Indonesia Fuel Oil (HS 2710) 2025 Q1 Export: Market Concentration

Geographic Concentration and Dominant Role

In 2025 Q1, Indonesia's Fuel Oil HS Code 2710 Export was heavily concentrated, with Singapore dominating as the top destination, accounting for 41.13% of export value and 41.52% of weight. The close match between value and weight ratios suggests Singapore primarily receives standard-grade fuel oil, typical for bulk commodity trade where pricing aligns closely with volume. This pattern indicates a stable, high-volume flow to a key regional hub.

Partner Countries Clusters and Underlying Causes

The top partners form clear clusters: first, Singapore and Malaysia together handle over 70% of value and weight, acting as major regional redistribution points due to their strategic locations and refining capacities. Second, countries like the Netherlands show a higher value-to-weight ratio (3.82 vs. 2.01), implying shipments of possibly higher-grade or processed fuel oil for European markets. Third, lower-volume destinations such as Marshall Islands and China Mainland have mixed ratios, likely serving as secondary or transit points influenced by specific regional demand or logistics networks.

Forward Strategy and Supply Chain Implications

For market players, the heavy reliance on Singapore and Malaysia requires focused efforts on maintaining strong logistics and pricing agreements to ensure supply chain stability. Diversifying into higher-value markets like the Netherlands could offset commodity price risks. Given the commodity nature of fuel oil, monitoring geopolitical tensions in Southeast Asia is crucial for uninterrupted trade flows.

Get Complete Partner Countries Profile

Indonesia Fuel Oil (HS 2710) 2025 Q1 Export: Buyer Cluster

Buyer Market Concentration and Dominance

In the Indonesia Fuel Oil Export for 2025 Q1 under HS Code 2710, the buyer market is highly concentrated, with one segment of buyers dominating the trade. The market is divided into four segments based on purchase value and frequency. Buyers who make frequent and high-value purchases account for nearly all the export value, at 99.96%, and they handle the majority of quantity and weight. This shows that a small number of regular, large-scale buyers drive the entire market for this commodity product.

Strategic Buyer Clusters and Trade Role

The other buyer segments play minor roles. A group of buyers makes infrequent but sizable purchases, contributing a small fraction of value. Another segment consists of buyers who purchase often but in very small amounts, adding almost no value. The smallest group includes buyers with rare and low-value transactions. For a bulk commodity like fuel oil, these likely represent occasional spot buyers, small distributors, or testing phases, but they have minimal impact on overall trade.

Sales Strategy and Vulnerability

For exporters in Indonesia, the strategy must focus on maintaining strong relationships with the dominant bulk buyers to ensure steady revenue. The high reliance on a few buyers poses a risk if demand shifts, so exploring opportunities in the smaller segments could provide stability. The sales model should prioritize direct, high-volume deals. Given that recent news shows no major policy changes for HS Code 2710 exports in early 2025 [FAS USDA], the current buyer structure supports a consistent approach without immediate regulatory concerns.

Check Full Fuel Oil Buyer lists

Indonesia Fuel Oil (HS 2710) 2025 Q1 Export: Action Plan for Fuel Oil Market Expansion

Strategic Supply Chain Overview

Indonesia Fuel Oil Export 2025 Q1 under HS Code 2710 is a bulk commodity market. Price is driven by global oil benchmarks and product grade variations. Light oils and heavy oils have uniform pricing, tied to international indices. Geopolitical risks in Southeast Asia also influence costs. Supply chain implications include high reliance on regional hubs like Singapore for redistribution. This demands strong logistics to ensure supply security and stable trade flows.

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

• Monitor global oil price trends daily using real-time data feeds. This helps adjust export pricing quickly to maintain competitiveness.
• Analyze buyer frequency data to forecast demand cycles from top clients. This prevents inventory overstock and ensures timely deliveries.
• Strengthen contracts with high-value buyers through regular engagement. This secures steady revenue and reduces dependency risks.
• Explore export opportunities in higher-value markets like the Netherlands. This diversifies income streams and mitigates price volatility.
• Optimize shipping routes to key destinations using logistics analytics. This cuts costs and improves supply chain efficiency.

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 Q1?

A sharp volume surge in March (965.85 million kg, up from 491.11 million kg in February) drove export value growth, despite a sequential price drop from $0.62 to $0.55 per kg, likely due to competitive pricing and inventory adjustments in global petroleum markets.

Q2. Who are the main partner countries in this Indonesia Fuel Oil Export 2025 Q1?

Singapore dominates with 41.13% of export value, followed by Malaysia (combined >70% with Singapore), while the Netherlands shows higher value-to-weight ratios, suggesting differentiated fuel oil grades.

Q3. Why does the unit price differ across Indonesia Fuel Oil Export 2025 Q1 partner countries?

Price differences stem from oil grade variations: light oils (e.g., sub-code 27101299) average $0.70/kg, while heavy oils (e.g., 27101971) range $0.66–$1.09/kg, with Singapore receiving bulk-standard grades.

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

Exporters must prioritize relationships with dominant bulk buyers (99.96% of value) and optimize logistics for Singapore/Malaysia routes, while exploring higher-value markets like the Netherlands to mitigate commodity price risks.

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

Buyers in Singapore/Malaysia benefit from stable bulk supply, while European buyers (e.g., Netherlands) access higher-grade products. Small buyers face limited influence due to extreme market concentration.

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

Fuel oil is traded as a fungible bulk commodity, primarily for industrial energy or refining, with pricing tightly linked to global benchmarks and minimal value-add differentiation.

Q7. What is yTrade?

yTrade is a global trade data platform that provides SaaS and API access to provide accurate, structured, and searchable import-export trade data for international business decisions. It enables users to access verified shipment records, analyse buyer and supplier activity, review company trade overviews, assess compliance risks, and monitor real market demand — all from a single, scalable system.

Q8. How can yTrade benefit my business?

yTrade helps businesses:

• Identify active and verified buyers through global import data
• Discover reliable suppliers with real shipment history
• Monitor competitor previous trade activity
• Reduce sourcing and compliance risk with worldwide export data
• Support data-driven sales, procurement, and market expansion decisions
• Save time by replacing manual research with structured trade data analysis

Q9. What features does yTrade offer?

yTrade provides practical, trade-focused tools including:

• Global shipment search by HS code, product, company name, port, or country
• Detailed company trade profiles with ownership and relationship mapping
• Buyer and supplier discovery with real transaction trade records
• Basic compliance with background checks and sanctions risk screening
• Competitor's shipment tracking and selling/buying behaviour analysis
• Trade Trends to identify market demand and trade flow monitoring
• Big-Data Search engine with percised filters to generate accurate data reports
• Global Trade Data API access for Internal Softwares like CRM, ERP, and SaaS integration All data is structured, verified, and cleaned to ensure consistency and reliability.