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2025 Indonesia Petroleum oils (HS 271019) Export: Volatility Surge

Indonesia's Petroleum oils Export (HS code 271019) saw a 78.49% surge in March 2025, then plummeted by October. Track volatile trends on yTrade data.

Key Takeaways

Petroleum oils, classified under HS Code 271019 (Petroleum oils and oils obtained from bituminous minerals; other than crude), exhibited high volatility from January to October 2025.

  • Market Pulse: Exports surged 78.49% in March to $466.27 million, then declined sharply to $118.71 million by October, reflecting policy-driven instability.
  • Structural Shift: Indonesia Petroleum oils Export relies heavily on Singapore (44.43% of value), with 58% of trade controlled by a few high-volume buyers like KYODO YUSHI ASIA PTE LTD.
  • Product Logic: HS Code 271019 trade data shows 66% of export value comes from low-cost bulk oils (27101979), but niche grades command premiums up to 800 USD/kg.

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

Indonesia Petroleum Oils (HS Code 271019) Key Metrics Trend

Market Trend Summary

The Indonesia Petroleum oils export trend from January to October 2025 exhibited high volatility, starting with moderate levels in early months before a sharp surge in March, where value jumped 78.49% month-on-month to $466.27 million. Following this peak, exports entered a sustained decline, with value dropping to $118.71 million by October, reflecting a downward trajectory despite minor interim rebounds.

Drivers & Industry Context

The March surge aligns with Indonesia's export policy update in early 2025, where new restrictions under MOF Decree No. 6/KM.4/2025 prompted a pre-regulation shipment rush [SSEK]. Post-March, the decline in hs code 271019 value resulted from these tightened controls, which likely constrained outflows of petroleum oils and related products, overriding seasonal demand cycles.

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

DateValueWeightUnit PriceValue MoMWeight MoMUnit Price MoM
2025-01-01289.07M USD471.15M kg$0.61/kgN/AN/AN/A
2025-02-01261.23M USD454.80M kg$0.57/kg-9.63%-3.47%-6.38%
2025-03-01466.27M USD871.85M kg$0.53/kg+78.49%+91.70%-6.89%
2025-04-01319.04M USD582.42M kg$0.55/kg-31.58%-33.20%+2.43%
2025-05-01289.73M USD549.35M kg$0.53/kg-9.19%-5.68%-3.72%
2025-06-01220.32M USD399.36M kg$0.55/kg-23.96%-27.30%+4.60%
2025-07-01135.79M USD236.87M kg$0.57/kg-38.37%-40.69%+3.92%
2025-08-01198.42M USD370.31M kg$0.54/kg+46.12%+56.33%-6.53%
2025-09-01143.11M USD251.89M kg$0.57/kg-27.88%-31.98%+6.03%
2025-10-01118.71M USD232.12M kg$0.51/kg-17.05%-7.85%-9.98%

Get Indonesia Petroleum Oils Data Latest Updates

Indonesia HS Code 271019 Export Breakdown

Market Composition & Top Categories

According to yTrade data, the Indonesia HS Code 271019 Export is overwhelmingly dominated by sub-code 27101979, capturing approximately 66% of the total export value and 73% of the weight from January to October 2025. The remaining sub-codes consist of mid-range and specialized petroleum oil preparations, with value shares under 18% each, indicating a highly concentrated market. This composition underscores a reliance on high-volume, low-cost product flows.

Value Chain & Strategic Insights

Unit prices for the HS Code 271019 breakdown vary significantly, from 0.50 USD/kg for bulk oils to over 800 USD/kg for rare specialized grades, revealing a commodity market with embedded high-value niches. The trade structure is fundamentally price-sensitive for the dominant low-cost exports, but quality and specific applications command premiums in limited segments. This duality suggests that while volume drives overall trade, targeted opportunities exist in premium product lines.

Check Detailed HS Code 271019 Breakdown

Indonesia Petroleum Oils Destination Countries

Geographic Concentration & Market Risk

From January to October 2025, Indonesia's Petroleum oils export destinations are heavily concentrated, with Singapore dominating at 44.43% of the total export value. This reliance on a single partner heightens market risk, as any economic or political instability in Singapore could significantly impact Indonesia's export revenue. Such geographic concentration underscores the need for diversification to mitigate potential supply chain disruptions.

Purchasing Behavior & Demand Segmentation

Singapore's weight ratio of 48.28% surpasses its value ratio of 44.43%, pointing to price-sensitive bulk processing or industrial stockpiling rather than premium demand. The moderate frequency ratio of 13.45% confirms consistent, large-volume transactions, typical of commodity-driven markets. This pattern emphasizes volume scale over margin potential for trade partners in Petroleum oils.

Table: Indonesia Petroleum Oils (HS Code 271019) Top Destination Countries (Source: yTrade)

CountryValueQuantityFrequencyWeight
SINGAPORE1.08B13.53M865.002.13B
MALAYSIA788.89M13.35M667.001.55B
MARSHALL ISLANDS193.57M2.15M7.00299.08M
NETHERLANDS105.48M99.22K34.0099.06M
SOUTH KOREA103.88M174.54K299.00136.24M
CHINA MAINLAND************************

Get Indonesia Petroleum Oils (HS Code 271019) Complete Destination Countries Profile

Indonesia Petroleum Oils Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, Indonesia's petroleum oils export market is anchored by a core group of high-volume repeaters. These key accounts drive 58% of total export value and 85% of volume, indicating a stable, contract-based supply chain. This concentration among Indonesia petroleum oils buyers, like KYODO YUSHI ASIA PTE LTD, reflects a mature market dominated by long-term partnerships rather than spot trading.

Purchasing Behavior & Sales Strategy

The dominance of high-volume repeaters suggests a sales strategy focused on relationship management and supply chain integration. Sellers should prioritize securing multi-year contracts with these key accounts while monitoring regulatory shifts, such as Indonesia's updated export ban list [ssek.com]. For HS Code 271019 buyer trends, diversifying into secondary markets could mitigate concentration risk if one major partner reduces orders.

Table: Indonesia Petroleum Oils (HS Code 271019) Top Buyers List (Source: yTrade)

Buyer CompanyValueQuantityFrequencyWeight
PERTAMINA INTERNATIONAL MARKETING AND DISTRIBUTION PTE. LTD587.93M7.70M41.001.12B
EASTIMPLEX STREAM FZE126.46M279.86K9.00279.86M
EASTIMPLEX STREAM FZE126.46M279.86K9.00279.86M
C.S.G. TRADING FZE************************

Check Full Indonesia Petroleum Oils Buyers list

Action Plan for Petroleum Oils Market Operation and Expansion

  • Diversify buyer base: Reduce reliance on Singapore and key accounts by targeting secondary markets to mitigate concentration risk.
  • Lock in contracts: Secure multi-year agreements with high-volume repeaters to stabilize revenue amid policy shifts.
  • Target premium niches: Shift focus to specialized petroleum grades (800 USD/kg) to offset margin pressure from bulk commodity trade.
  • Monitor regulatory changes: Track updates to Indonesia’s export ban list (e.g., MOF Decree No. 6/KM.4/2025) to anticipate supply disruptions.
  • Optimize logistics: Cut costs for bulk oil shipments (0.50 USD/kg) to maintain competitiveness in price-sensitive segments.

Take Action Now —— Explore Indonesia Petroleum oils HS Code 271019 Export Data

Frequently Asked Questions

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

The March 2025 surge (+78.49% MoM) resulted from pre-regulation stockpiling ahead of Indonesia's export restrictions, while the subsequent decline reflects tightened controls under MOF Decree No. 6/KM.4/2025.

Q2. Who are the main destination countries of Indonesia Petroleum oils (HS Code 271019) in 2025?

Singapore dominates with 44.43% of Indonesia's export value, indicating heavy geographic concentration and supply chain reliance on this single partner.

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

Prices range from 0.50 USD/kg for bulk oils (sub-code 27101979, 66% of value) to 800 USD/kg for rare specialized grades, reflecting a commodity market with embedded premium niches.

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

Prioritize multi-year contracts with high-volume repeaters (58% of value) while diversifying beyond Singapore to mitigate concentration risk from regulatory or demand shocks.

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

Singaporean buyers benefit from stable bulk supply (48.28% weight share), but premium-grade buyers face limited availability due to Indonesia's focus on high-volume, low-cost flows.

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

The bulk exports (73% weight share) suggest industrial processing or stockpiling, while specialized grades cater to niche applications requiring higher purity or performance.

Detailed Monthly and Quarterly Report

Indonesia HS Code 271019 Export Data Snapshot 2025 JAN

Indonesia HS Code 271019 Export Data Snapshot 2025 FEB

Indonesia HS Code 271019 Export Data Snapshot 2025 MAR

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Indonesia HS Code 271019 Export Data Snapshot 2025 AUG

Indonesia HS Code 271019 Export Data Snapshot 2025 SEP

Indonesia HS Code 271019 Export Data Snapshot 2025 OCT

Indonesia HS Code 271019 Export Data Snapshot 2025 Q2

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