·

2025 Indonesia Petroleum Gas (HS 2711) Export: Price Collapse

Indonesia's Petroleum Gas exports under HS code 2711 saw a 30% price drop to $0.36/kg in 2025, driven by new export rules. Track trends on yTrade.

Key Takeaways

Petroleum Gas, classified under HS Code 2711 (Petroleum gas and other hydrocarbon gases), exhibited sharp volatility from January to September 2025.

  • Market Pulse: Volumes surged 39% in September, but unit prices collapsed 30% to $0.36/kg, driven by Indonesia’s new export regulations prioritizing domestic supply.
  • Structural Shift: Indonesia Petroleum Gas Export relies on just three buyers (Japan, China, Singapore) for over 80% of value, creating high concentration risk.
  • Product Logic: HS Code 2711 trade data shows a bulk commodity market dominated by LNG (74% of value), with minimal price differentiation beyond volume discounts.

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

Indonesia Petroleum Gas (HS Code 2711) Key Metrics Trend

Market Trend Summary

The Indonesia Petroleum Gas Export trend from January to September 2025 shows initial stability followed by a sharp late-Q3 disruption. Volumes started the year near 1.13B kg, climbing steadily to 1.27B kg by May before declining through mid-year. The defining shift occurred in September, when weight surged 39% to 1.70B kg while unit prices collapsed 30% to $0.36/kg—a clear volume-for-value tradeoff.

Drivers & Industry Context

This September distortion aligns with Indonesia’s new export regulations under [Permendag 8/2025], which prioritized domestic supply security and downstream processing. Forced retention of export proceeds likely pressured sellers to clear inventory despite falling prices, directly compressing the hs code 2711 value. The policy accelerated a broader price decline noted since May, turning strategic market positioning into distressed selling by Q3 (Permendag).

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

DateValueWeightUnit PriceValue MoMWeight MoMUnit Price MoM
2025-01-01587.43M USD1.13B kg$0.52/kgN/AN/AN/A
2025-02-01622.45M USD1.19B kg$0.52/kg+5.96%+4.91%+1.01%
2025-03-01670.58M USD1.23B kg$0.54/kg+7.73%+3.82%+3.77%
2025-04-01641.76M USD1.19B kg$0.54/kg-4.30%-3.84%-0.48%
2025-05-01639.89M USD1.27B kg$0.50/kg-0.29%+6.99%-6.81%
2025-06-01629.98M USD1.18B kg$0.53/kg-1.55%-6.89%+5.74%
2025-07-01597.99M USD1.16B kg$0.51/kg-5.08%-1.57%-3.56%
2025-08-01625.22M USD1.22B kg$0.51/kg+4.55%+4.92%-0.35%
2025-09-01606.01M USD1.70B kg$0.36/kg-3.07%+39.11%-30.32%

Get Indonesia Petroleum Gas Data Latest Updates

Indonesia HS Code 2711 Export Breakdown

Market Composition & Top Categories

Indonesia's HS Code 2711 export market is overwhelmingly dominated by liquefied natural gas (LNG), which captured 74% of the total export value through the first three quarters of 2025. According to yTrade data, this single category also accounted for over three-quarters of the total weight shipped. The remaining Indonesia HS Code 2711 export volume consists of other petroleum gases in gaseous form and minor, specialized liquefied by-products, which collectively represent a very small fraction of the trade.

Value Chain & Strategic Insights

The unit price for the primary LNG export is remarkably low at $0.49 per kg, a clear indicator of a bulk commodity trade. This HS Code 2711 breakdown reveals a classic commodity market structure, where price is the primary driver and products are largely undifferentiated. The minimal price variation across sub-codes confirms that this trade is defined by volume and cost efficiency, not by product specialization or quality premiums.

Table: Indonesia HS Code 2711) Export Breakdown Details (Source: yTrade)

HS CodeProduct DescriptionValueFrequencyQuantityWeight
271111**Petroleum gases and other gaseous hydrocarbons; liquefied, natural gas4.16B142.00420.34M8.55B
271121**Petroleum gases and other gaseous hydrocarbons; in gaseous state, natural gas1.44B49.00129.83M2.69B
271114**Petroleum gases and other gaseous hydrocarbons; liquefied, ethylene, propylene, butylene and butadiene21.35M21.0039.78K39.76M
2711******************************************

Check Detailed HS Code 2711 Breakdown

Indonesia Petroleum Gas Destination Countries

Geographic Concentration & Market Risk

Indonesia's Petroleum Gas export destinations reveal a concentrated market, with Japan (28.8% value share), China (27.21%), and Singapore (26.25%) dominating throughout the first three quarters of 2025. This heavy reliance on just three partners for over 80% of export value creates significant exposure to demand shifts in Northeast Asia. Any economic slowdown in these core markets would immediately pressure Indonesia's export revenues, highlighting a substantial concentration risk.

Purchasing Behavior & Demand Segmentation

Japan and Singapore exhibit a clear premium signal; their value ratios outpace their weight shares, indicating quality-conscious demand for higher-value specifications. China shows a slight commodity lean with its weight ratio nearly matching its value share, pointing to large-scale industrial offtake. This profile suggests Indonesia's trade partners for Petroleum Gas are split between margin-rich premium buyers and volume-driven processors, with the overall market offering stronger margin potential than pure volume scale.

Table: Indonesia Petroleum Gas (HS Code 2711) Top Destination Countries (Source: yTrade)

CountryValueQuantityFrequencyWeight
JAPAN1.62B152.08M48.003.47B
CHINA MAINLAND1.53B147.49M68.002.86B
SINGAPORE1.48B133.18M54.002.76B
SOUTH KOREA592.32M78.45M28.001.51B
CHINA TAIWAN144.25M13.93M4.00267.00M
BANGLADESH************************

Get Indonesia Petroleum Gas (HS Code 2711) Complete Destination Countries Profile

Indonesia Petroleum Gas Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, Indonesia Petroleum Gas buyers are overwhelmingly dominated by a core group of High-Volume Repeaters, who accounted for 95.05% of total export value throughout the first three quarters of 2025. This cluster, represented by major international traders like Vitol and Shell, demonstrates a stable, contract-based supply chain with extremely high purchase frequency and volume. Their dominance defines the market structure as one built on long-term partnerships rather than sporadic transactions.

Purchasing Behavior & Sales Strategy

These Key Accounts operate as international commodity traders, indicating that sales strategy must prioritize direct relationship management and secure long-term supply agreements to maintain their loyalty. The extreme value concentration (over 95%) presents a significant client concentration risk, making it critical to solidify contracts with these anchor buyers to ensure revenue stability. For HS Code 2711 buyer trends, focusing on consistent quality and reliable logistics will be more effective than broad marketing efforts aimed at smaller, sporadic purchasers.

Table: Indonesia Petroleum Gas (HS Code 2711) Top Buyers List (Source: yTrade)

Buyer CompanyValueQuantityFrequencyWeight
CNOOC FUJIAN LNG CO1.02B97.67M30.001.87B
SEMBCORP GAS PTE LTD810.83M72.00M27.001.48B
JERA CO. INC659.58M63.37M20.001.22B
THE KANSAI ELECTRIC POWER COMPANY INCORPORATED************************

Check Full Indonesia Petroleum Gas Buyers list

Action Plan for Petroleum Gas Market Operation and Expansion

  • Diversify buyer base: Reduce reliance on Japan, China, and Singapore by targeting emerging markets to mitigate concentration risk.
  • Lock in long-term contracts: Secure agreements with high-volume repeaters (Vitol, Shell) to stabilize revenue against price volatility.
  • Optimize logistics costs: Bulk LNG shipments at $0.49/kg leave little margin; streamline transport to protect profitability.
  • Monitor policy shifts: Track enforcement of Permendag 8/2025 to anticipate future inventory dumps or price distortions.
  • Segment pricing: Leverage Japan/Singapore’s premium demand by offering higher-grade specifications at a markup.

Take Action Now —— Explore Indonesia Petroleum Gas HS Code 2711 Export Data

Frequently Asked Questions

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

A1. A sharp late-Q3 surge in volume (39%) and price collapse (30%) was driven by Indonesia’s new export regulations prioritizing domestic supply, forcing sellers to clear inventory at lower prices.

Q2. Who are the main destination countries of Indonesia Petroleum Gas (HS Code 2711) in 2025?

A2. Japan (28.8%), China (27.21%), and Singapore (26.25%) dominate, collectively accounting for over 80% of Indonesia’s Petroleum Gas export value.

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

A3. Japan and Singapore pay premium prices for higher-value LNG, while China’s weight-to-value ratio reflects bulk industrial offtake at commodity-level pricing.

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

A4. Prioritize securing long-term contracts with High-Volume Repeaters like Vitol and Shell, who drive 95% of export value, while ensuring consistent quality and logistics.

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

A5. Buyers in Japan/Singapore benefit from stable, quality-focused supply, while Chinese buyers leverage volume-driven pricing—but all face concentration risks from Indonesia’s policy shifts.

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

A6. Over 74% of exports are liquefied natural gas (LNG), primarily traded as a bulk commodity for energy generation and industrial processing.

Detailed Monthly and Quarterly Report

Indonesia HS Code 2711 Export Data Snapshot 2025 JAN

Indonesia HS Code 2711 Export Data Snapshot 2025 FEB

Indonesia HS Code 2711 Export Data Snapshot 2025 MAR

Indonesia HS Code 2711 Export Data Snapshot 2025 APR

Indonesia HS Code 2711 Export Data Snapshot 2025 MAY

Indonesia HS Code 2711 Export Data Snapshot 2025 JUN

Indonesia HS Code 2711 Export Data Snapshot 2025 JUL

Indonesia HS Code 2711 Export Data Snapshot 2025 AUG

Indonesia HS Code 2711 Export Data Snapshot 2025 SEP

Indonesia HS Code 2711 Export Data Snapshot 2025 OCT

Indonesia HS Code 2711 Export Data Snapshot 2025 Q1

Indonesia HS Code 2711 Export Data Snapshot 2025 Q2

Indonesia HS Code 2711 Export Data Snapshot 2025 Q3

Copyright © 2026. All rights reserved.