2025 Indonesia Petroleum Oils (HS 2710) Export: Volatile Swings
Key Takeaways
Petroleum Oils, classified under HS Code 2710 (Petroleum and oils extracted from bituminous minerals, excluding crude oil; other products not listed in the tariff line with the above oil as the basic component), exhibited high volatility from January to September 2025.
- Market Pulse: Exports saw dramatic swings, including a 96.7% surge in March and a 39.7% drop in July, reflecting unstable trade flows.
- Structural Shift: Indonesia Petroleum Oils Export is heavily concentrated in Singapore (48.83% of value), creating vulnerability to regional demand shifts.
- Product Logic: HS Code 2710 trade data reveals a commodity-driven market, with heavy oils dominating (60% of value) and niche high-value products (e.g., $817/kg outliers) offering margin potential.
This overview covers the period from January to September 2025 and is based on verified customs data from the yTrade database.
Indonesia Petroleum Oils (HS Code 2710) Key Metrics Trend
Market Trend Summary
The Indonesia Petroleum Oils Export trend from January to September 2025 exhibited high volatility, characterized by a dramatic surge in March with weight increasing 96.7% month-on-month, followed by sharp declines through mid-year. Exports bottomed out in July with a 39.7% drop, partially recovered in August with a 58.3% rise, but fell again in September, reflecting unstable trade flows.
Drivers & Industry Context
The mid-year contractions align with reported export declines; [ytrade.com] noted a 26.5% June drop, exacerbated in July. Policy shifts, including Indonesia's palm oil levy hikes in May 2025 (USDA), likely created indirect pressure on energy commodities, contributing to volatility in hs code 2710 value through supply chain disruptions and regional demand shifts.
Table: Indonesia Petroleum Oils Export Trend (Source: yTrade)
| Date | Value | Weight | Unit Price | Value MoM | Weight MoM | Unit Price MoM |
|---|---|---|---|---|---|---|
| 2025-01-01 | 335.41M USD | 539.28M kg | $0.62/kg | N/A | N/A | N/A |
| 2025-02-01 | 286.48M USD | 491.11M kg | $0.58/kg | -14.59% | -8.93% | -6.21% |
| 2025-03-01 | 532.94M USD | 965.85M kg | $0.55/kg | +86.03% | +96.67% | -5.41% |
| 2025-04-01 | 381.10M USD | 678.24M kg | $0.56/kg | -28.49% | -29.78% | +1.83% |
| 2025-05-01 | 329.95M USD | 619.37M kg | $0.53/kg | -13.42% | -8.68% | -5.19% |
| 2025-06-01 | 255.38M USD | 455.05M kg | $0.56/kg | -22.60% | -26.53% | +5.35% |
| 2025-07-01 | 157.08M USD | 274.26M kg | $0.57/kg | -38.49% | -39.73% | +2.06% |
| 2025-08-01 | 239.46M USD | 434.26M kg | $0.55/kg | +52.44% | +58.34% | -3.73% |
| 2025-09-01 | 160.55M USD | 281.35M kg | $0.57/kg | -32.95% | -35.21% | +3.49% |
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Indonesia HS Code 2710 Export Breakdown
Market Composition & Top Categories
Indonesia's HS Code 2710 export market is dominated by heavy petroleum oils (HS 27101979), which accounted for over 60% of total export value from January to September 2025. According to yTrade data, this single sub-category generated $1.62 billion in exports, with two other heavy oil variants (HS 27101971 and 27101990) collectively contributing another 17% of value. The remaining Indonesia HS Code 2710 export value comes from various light oil preparations and specialized petroleum products.
Value Chain & Strategic Insights
The trade structure shows a commodity-driven market, with most petroleum oils trading between $0.50-$1.04/kg. The extreme outlier (HS 27101942 at $817/kg) represents a negligible volume but indicates niche, high-value specialized products exist within this HS Code 2710 breakdown. The overwhelming volume and value concentration in bulk heavy oils confirms this is fundamentally a price-sensitive commodity market where scale and logistics determine competitiveness.
Table: Indonesia HS Code 2710) Export Breakdown Details (Source: yTrade)
| HS Code | Product Description | Value | Frequency | Quantity | Weight |
|---|---|---|---|---|---|
| 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 preparations | 1.62B | 385.00 | 18.53M | 3.25B |
| 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 preparations | 416.91M | 36.00 | 4.68M | 655.74M |
| 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 preparations | 190.55M | 22.00 | 2.41M | 286.36M |
| 2710** | ******** | ******** | ******** | ******** | ******** |
Check Detailed HS Code 2710 Breakdown
Indonesia Petroleum Oils Destination Countries
Geographic Concentration & Market Risk
Indonesia's Petroleum Oils exports from January to September 2025 are heavily concentrated, with Singapore dominating at 48.83% of export value. This reliance on a single market for Indonesia Petroleum Oils export destinations creates vulnerability to demand shifts or geopolitical factors. Malaysia follows at 29.63%, underscoring a regional focus that amplifies supply chain risks.
Purchasing Behavior & Demand Segmentation
The data for trade partners for Petroleum Oils indicates a preference for premium products, as value ratios frequently outpace weight ratios—seen in Australia (0.82 vs. 0.22) and the Netherlands (3.93 vs. 2.09). This gap suggests quality-conscious demand for high-value specifications, rather than bulk commodity trading. Consequently, Indonesia's export strategy leans toward margin potential over volume scale.
Table: Indonesia Petroleum Oils (HS Code 2710) Top Destination Countries (Source: yTrade)
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| SINGAPORE | 1.31B | 15.82M | 839.00 | 2.43B |
| MALAYSIA | 793.69M | 12.75M | 632.00 | 1.55B |
| MARSHALL ISLANDS | 193.57M | 2.15M | 7.00 | 299.08M |
| NETHERLANDS | 105.37M | 99.10K | 30.00 | 99.01M |
| SOUTH KOREA | 94.46M | 163.08K | 271.00 | 127.15M |
| CHINA MAINLAND | ****** | ****** | ****** | ****** |
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Indonesia Petroleum Oils Buyer Companies Analysis
Buyer Concentration & Market Structure
According to yTrade data, the market for Indonesia Petroleum Oils buyers is dominated by a core group of High-Volume Repeaters. This segment generated 56.15% of total export value from January to September 2025, indicating a stable, contract-based supply chain. Key accounts like Pertamina Lubricants Thailand and Repsol drive this consistent, high-frequency purchasing pattern.
Purchasing Behavior & Sales Strategy
The sales strategy must prioritize nurturing long-term contracts with these Key Accounts, as their recurring purchases form the market's backbone. However, the significant 43.80% value share held by bulk project buyers introduces a concentration risk; losing one could severely impact revenue. To mitigate this, suppliers should also target these large, infrequent buyers with tailored proposals for major procurement cycles, while monitoring HS Code 2710 buyer trends for shifts in demand [yTrade].
Table: Indonesia Petroleum Oils (HS Code 2710) Top Buyers List (Source: yTrade)
| Buyer Company | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| PERTAMINA INTERNATIONAL MARKETING AND DISTRIBUTION PTE. LTD | 542.36M | 7.11M | 38.00 | 1.03B |
| WISSOL COMMODITIES FZCO | 277.30M | 3.25M | 28.00 | 421.15M |
| SINO CROWN INTERNATIONAL PTE.LTD | 129.26M | 1.39M | 9.00 | 198.70M |
| EASTIMPLEX STREAM FZE | ****** | ****** | ****** | ****** |
Check Full Indonesia Petroleum Oils Buyers list
Action Plan for Petroleum Oils Market Operation and Expansion
- Diversify export markets: Reduce reliance on Singapore (48.83% share) by targeting quality-conscious buyers in Australia and the Netherlands, where value ratios outpace weight.
- Lock in long-term contracts: Prioritize High-Volume Repeaters like Pertamina Lubricants Thailand, which drive 56.15% of export value, to stabilize revenue.
- Mitigate bulk buyer risk: Tailor proposals for large, infrequent project buyers (43.80% share) to offset potential revenue loss from single-account dependence.
- Optimize logistics for heavy oils: Focus on cost reduction for bulk heavy oils (77% of export value) to maintain competitiveness in this price-sensitive segment.
- Monitor policy shifts: Track Indonesia’s palm oil levy hikes and regional demand changes to anticipate volatility in HS Code 2710 trade flows.
Take Action Now —— Explore Indonesia Petroleum Oils HS Code 2710 Export Data
Frequently Asked Questions
Q1. What is driving the recent changes in Indonesia Petroleum Oils Export in 2025?
The volatility stems from policy shifts like palm oil levy hikes and regional demand fluctuations, causing sharp monthly swings—including a 96.7% surge in March and a 39.7% drop in July.
Q2. Who are the main destination countries of Indonesia Petroleum Oils (HS Code 2710) in 2025?
Singapore dominates with 48.83% of export value, followed by Malaysia (29.63%), reflecting heavy regional concentration.
Q3. Why does the unit price differ across destination countries of Indonesia Petroleum Oils Export in 2025?
Prices vary due to product mix: bulk heavy oils trade at $0.50-$1.04/kg, while niche high-value products (e.g., HS 27101942 at $817/kg) skew averages for quality-conscious markets like Australia.
Q4. What should exporters in Indonesia focus on in the current Petroleum Oils export market?
Prioritize long-term contracts with High-Volume Repeaters (56.15% of value) while diversifying buyers to mitigate reliance on bulk project purchasers (43.80%).
Q5. What does this Indonesia Petroleum Oils export pattern mean for buyers in partner countries?
Buyers face supply chain risks from geographic concentration but can leverage Indonesia’s focus on premium products for higher-margin procurement.
Q6. How is Petroleum Oils typically used in this trade flow?
Heavy petroleum oils (60% of exports) serve as industrial fuels, while specialized variants cater to niche high-value applications like lubricants or chemicals.
Detailed Monthly and Quarterly Report
Indonesia HS Code 2710 Export Data Snapshot 2025 JAN
Indonesia HS Code 2710 Export Data Snapshot 2025 FEB
Indonesia HS Code 2710 Export Data Snapshot 2025 MAR
Indonesia HS Code 2710 Export Data Snapshot 2025 APR
Indonesia HS Code 2710 Export Data Snapshot 2025 MAY
Indonesia HS Code 2710 Export Data Snapshot 2025 JUN
Indonesia HS Code 2710 Export Data Snapshot 2025 JUL
Indonesia HS Code 2710 Export Data Snapshot 2025 AUG
Indonesia HS Code 2710 Export Data Snapshot 2025 SEP
Indonesia HS Code 2710 Export Data Snapshot 2025 OCT
Indonesia HS Code 2710 Export Data Snapshot 2025 Q1
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