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2025 Indonesia Crude Petroleum (HS 270900) Export: Extreme Volatility

Indonesia's Crude Petroleum exports (HS code 270900) saw wild swings in 2025, with volumes surging 262% then crashing 93%. yTrade data reveals Thailand dependence creates supply risks despite premium pricing.

Key Takeaways

Crude Petroleum, classified under HS Code 270900 (Oils; petroleum oils and oils obtained from bituminous minerals, crude), exhibited extreme volatility from January to October 2025.

  • Market Pulse: Export volumes surged 262% from February to September before collapsing 93% in October, reflecting price-driven demand swings rather than steady growth.
  • Structural Shift: Indonesia Crude Petroleum Export relies heavily on Thailand (80.25% of value), creating supply chain vulnerability despite premium pricing for higher-grade crude.
  • Product Logic: HS Code 270900 trade data shows 75% of exports concentrated in crude petroleum (27090010), with unit prices averaging $0.54/kg—confirming a commodity-driven, volume-over-value market.

This overview covers the period from January to October 2025 and is based on verified customs data from the yTrade database.

Indonesia Crude Petroleum (HS Code 270900) Key Metrics Trend

Market Trend Summary

The Indonesia Crude Petroleum Export trend from January to October 2025 showed pronounced volatility, with export volumes surging 262% from February’s 331.51 million kg peak to a September high of 464.97 million kg, before collapsing 93% to 32.56 million kg in October. This pattern reflects shifting global crude demand and pricing dynamics rather than steady growth, with total value fluctuating between $17.16 million and $202.53 million monthly.

Drivers & Industry Context

The volatility aligns with typical crude market behavior—supply adjustments and spot price sensitivity—rather than specific policy shocks, as Indonesia’s March 2025 export proceeds rule exempted oil and gas [Orrick]. The hs code 270900 value peaked in March at $202.53 million amid stable volumes, then diverged sharply in June and September as volume surges coincided with price drops to $0.29/kg, indicating competitive discounting or lower-quality cargoes. The October volume collapse likely reflects contract timing or temporary logistical constraints, not structural changes.

Table: Indonesia Crude Petroleum Export Trend (Source: yTrade)

DateValueWeightUnit PriceValue MoMWeight MoMUnit Price MoM
2025-01-0170.84M USD128.64M kg$0.55/kgN/AN/AN/A
2025-02-01190.77M USD331.51M kg$0.58/kg+169.30%+157.71%+4.50%
2025-03-01202.53M USD355.26M kg$0.57/kg+6.17%+7.16%-0.93%
2025-04-01104.32M USD192.25M kg$0.54/kg-48.49%-45.89%-4.81%
2025-05-0189.09M USD176.05M kg$0.51/kg-14.60%-8.42%-6.74%
2025-06-01119.75M USD408.91M kg$0.29/kg+34.42%+132.27%-42.13%
2025-07-01125.31M USD234.54M kg$0.53/kg+4.64%-42.64%+82.44%
2025-08-01146.94M USD274.16M kg$0.54/kg+17.26%+16.89%+0.32%
2025-09-01150.07M USD464.97M kg$0.32/kg+2.13%+69.60%-39.78%
2025-10-0117.16M USD32.56M kg$0.53/kg-88.56%-93.00%+63.34%

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Indonesia HS Code 270900 Export Breakdown

Market Composition & Top Categories

According to yTrade data, Indonesia's HS Code 270900 Export is overwhelmingly dominated by sub-code 27090010 for crude petroleum oils, which captured over 75% of the export value and 65% of the weight in the first ten months of 2025. The remaining sub-codes, including 27090020 and minor variants, collectively accounted for less than 25% of the value, indicating a highly concentrated market with minimal diversification in product forms. This concentration underscores Indonesia's reliance on a single, high-volume category for crude oil exports.

Value Chain & Strategic Insights

Unit prices for Indonesia's HS Code 270900 breakdown ranged from 0.32 to 0.87 USD/kg, with the dominant sub-code averaging 0.54 USD/kg, reflecting a commodity market where price sensitivity dictates trade flows rather than quality or specialization. The trade structure is characterized by competitive pricing and volume-driven exports, typical of raw material markets. This analysis confirms that Indonesia's crude petroleum exports operate in a price-sensitive environment, with little evidence of value-added differentiation.

Check Detailed HS Code 270900 Breakdown

Indonesia Crude Petroleum Destination Countries

Geographic Concentration & Market Risk

Indonesia's Crude Petroleum exports from Jan to Oct 2025 show extreme market concentration. Thailand is the dominant partner, accounting for 80.25% of total export value. This heavy reliance on a single buyer for Indonesia Crude Petroleum export destinations creates significant supply chain vulnerability to demand shifts or political changes in that market.

Purchasing Behavior & Demand Segmentation

The trade data reveals a market paying for quality over sheer bulk. Thailand's value share (80.25%) notably outpaces its weight share (68.89%), indicating its refineries are buying higher-value crude grades. This premium demand profile, combined with high shipment frequency, points to quality-conscious processing. For trade partners for Crude Petroleum, this represents a market offering superior margin potential rather than pure volume scale.

Table: Indonesia Crude Petroleum (HS Code 270900) Top Destination Countries (Source: yTrade)

CountryValueQuantityFrequencyWeight
THAILAND976.42M13.74M134.001.79B
CHINA MAINLAND73.57M1.09M8.00135.23M
SOUTH KOREA66.34M1.10M8.00303.09M
MALAYSIA49.95M723.16K4.0098.18M
SINGAPORE28.61M417.04K3.0054.05M
AUSTRALIA************************

Get Indonesia Crude Petroleum (HS Code 270900) Complete Destination Countries Profile

Indonesia Crude Petroleum Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, the dominant buyer segment for Indonesia Crude Petroleum exports under HS Code 270900 from January to October 2025 is the high-value, high-frequency group, holding 76.81% of the total value share. This points to a market structure anchored by stable, contract-based supply chains, with key accounts like ExxonMobil and BP Singapore making consistent, large-volume purchases. Such concentration highlights that Indonesia Crude Petroleum buyers are primarily loyal, repeat customers driving the bulk of trade.

Purchasing Behavior & Sales Strategy

The high-volume repeaters exhibit frequent, high-value transactions, indicating entrenched long-term relationships and predictable procurement cycles. Sellers should prioritize maintaining these key accounts through reliable delivery and competitive pricing, while actively diversifying to reduce concentration risk from over-reliance on a few major players. Tracking HS Code 270900 buyer trends will help anticipate market shifts and tailor strategies to capture emerging opportunities without compromising core partnerships.

Table: Indonesia Crude Petroleum (HS Code 270900) Top Buyers List (Source: yTrade)

Buyer CompanyValueQuantityFrequencyWeight
EXTAP A DIVISION OF EXXONMOBIL ASIA PACIFIC PTE LTD264.70M3.55M13.00485.16M
TIS PETROLEUM ASIA PTE LTD229.15M3.24M30.00432.86M
GLENCORE SINGAPORE PTE LTD163.14M2.40M18.00302.38M
BP SINGAPORE PTE LIMITED************************

Check Full Indonesia Crude Petroleum Buyers list

Action Plan for Crude Petroleum Market Operation and Expansion

  • Diversify buyer base: Reduce reliance on Thailand by targeting refineries in emerging markets like Vietnam or India to mitigate geopolitical or demand shocks.
  • Lock in contracts with high-frequency buyers: Secure long-term agreements with key accounts (e.g., ExxonMobil, BP Singapore) to stabilize revenue amid volatile spot prices.
  • Optimize logistics for bulk shipments: Negotiate freight rates or storage deals to offset thin margins from low unit prices ($0.29–$0.87/kg).
  • Monitor HS Code 270900 sub-codes: Track shifts in demand for 27090020 (minor variants) to identify niche opportunities for less commoditized products.
  • Hedge against price swings: Use futures or indexed pricing to protect margins during periods like June and September, when volume surges coincided with price drops.

Take Action Now —— Explore Indonesia Crude Petroleum HS Code 270900 Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Indonesia Crude Petroleum Export in 2025?

The volatility in Indonesia's Crude Petroleum exports is driven by shifting global demand and price sensitivity, with volumes fluctuating from 331.51 million kg in February to a peak of 464.97 million kg in September before collapsing to 32.56 million kg in October.

Q2. Who are the main destination countries of Indonesia Crude Petroleum (HS Code 270900) in 2025?

Thailand dominates Indonesia's Crude Petroleum exports, accounting for 80.25% of total export value, indicating extreme market concentration.

Q3. Why does the unit price differ across destination countries of Indonesia Crude Petroleum Export in 2025?

Unit prices vary due to the dominance of sub-code 27090010 (crude petroleum oils), averaging $0.54/kg, while minor sub-codes like 27090020 reflect commodity-driven pricing rather than quality differentiation.

Q4. What should exporters in Indonesia focus on in the current Crude Petroleum export market?

Exporters should prioritize maintaining high-value, high-frequency buyers like ExxonMobil and BP Singapore while diversifying to reduce reliance on Thailand, which holds 80.25% of export value.

Q5. What does this Indonesia Crude Petroleum export pattern mean for buyers in partner countries?

Buyers in Thailand benefit from higher-value crude grades, as their value share (80.25%) exceeds weight share (68.89%), indicating premium demand and stable procurement cycles.

Q6. How is Crude Petroleum typically used in this trade flow?

Crude Petroleum is primarily exported as raw material for refining into fuels and petrochemicals, with Indonesia's trade heavily skewed toward unprocessed crude oils (sub-code 27090010).

Detailed Monthly and Quarterly Report

Indonesia HS Code 270900 Export Data Snapshot 2025 JAN

Indonesia HS Code 270900 Export Data Snapshot 2025 FEB

Indonesia HS Code 270900 Export Data Snapshot 2025 MAR

Indonesia HS Code 270900 Export Data Snapshot 2025 APR

Indonesia HS Code 270900 Export Data Snapshot 2025 MAY

Indonesia HS Code 270900 Export Data Snapshot 2025 JUN

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Indonesia HS Code 270900 Export Data Snapshot 2025 AUG

Indonesia HS Code 270900 Export Data Snapshot 2025 SEP

Indonesia HS Code 270900 Export Data Snapshot 2025 OCT

Indonesia HS Code 270900 Export Data Snapshot 2025 Q1

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