The main destination of Refined Petroleum exports from Indonesia are: Australia ($355M), South Korea ($200M), Singapore ($165M), Malaysia ($142M), and Netherlands ($121M).
Who imports oil from Indonesia?
Imports The top imports of Indonesia are Refined Petroleum ($12.3B), Crude Petroleum ($5.11B), Vehicle Parts ($3.25B), Telephones ($3.19B), and Petroleum Gas ($2.53B), importing mostly from China ($45B), Singapore ($19.8B), Japan ($13.9B), Thailand ($8.75B), and United States ($7.91B).
Where does Indonesia export oil to?
In 2020, the total value of crude oil exports from Indonesia reached approximately 1.4 billion U.S. dollars, indicating a decrease in comparison to the previous year. Thailand, Singapore and China were the top three export destinations for crude petroleum oil in terms of value in 2020.
Does US buy oil from Indonesia?
Indonesia is the latest Asian country to import U.S. crude as shale production growth enabled the United States to ship out more competitively-priced light oil to a growing number of buyers in Asia and Europe.
Who does Indonesia export to?
In 2017, Indonesia major trading partner countries for exports were China, United States, Japan, India and Singapore and for imports they were China, Singapore, Japan, Malaysia and Thailand.
Who is Indonesia’s biggest trading partner?
Indonesia’s main trading partners are other Asian countries – Japan, China, Singapore and South Korea. The United States is also a significant export market. Indonesia’s most important export commodities are oil and gas, minerals, crude palm oil, electrical appliances and rubber products.
What is Indonesia’s number one export?
Searchable List of Indonesia’s Most Valuable Export Products
|Rank||Indonesia’s Export Product||2020 Value (US$)|
|2||Coal, solid fuels made from coal||$14,547,621,000|
Does Indonesia import or export oil?
Although Indonesia is a net oil importer, the country continues to export crude oil and condensates. Because Indonesia is an archipelago, geographic distances between its domestic oil production and demand centers encourage both imports and exports.
What is Indonesia known for producing?
The country is a major exporter of crude petroleum and natural gas. In addition, Indonesia is one of the world’s main suppliers of rubber, coffee, cocoa, and palm oil; it also produces a wide range of other commodities, such as sugar, tea, tobacco, copra, and spices (e.g., cloves).
What does Australia import from Indonesia?
Australia mainly imports from Indonesia wood-based building materials (such as mouldings, joinery wood and plywood), paper products, tobacco products, cocoa and chocolate, tuna, coffee, baked goods and noodles.
Who is the US biggest oil supplier?
How much petroleum does the United States import and export?
|Import sources||Gross imports||Exports|
|Top five countries1|
Where does the US get its oil 2021?
In November 2019, the United States became a net exporter of all oil products, including both refined petroleum products and crude oil. By 2021 the US was the world’s largest producer. As of March 2015, 85% of crude oil imports came from (in decreasing volume): Canada, Saudi Arabia, Mexico, Venezuela, and Colombia.
Which country is the biggest importer of oil in the world?
List of countries by oil imports
|Country/Region||Crude Oil – Imports (bbl/day – est.)||Year of Information|
Who are Indonesia’s allies?
A cornerstone of Indonesia’s contemporary foreign policy is its participation in the Association of Southeast Asian Nations (ASEAN), of which it was a founding member in 1967 with Thailand, Malaysia, Singapore, and the Philippines. Since then, Brunei, Vietnam, Laos, Burma, and Cambodia also have joined ASEAN.
What does US import from Indonesia?
Mineral Fuels, Oils and Waxes
U.S. imports of mineral fuels from Indonesia totaled $1.2 billion in 2018 and $33.7 million in Q1 2019. The top imported good to the U.S. in this category was crude oil (HS Code 2709), accounting for 85.1% of imports of mineral fuels from Indonesia.
What Indonesia exports to Japan?
Indonesia-Japan In 2019, Indonesia exported $16.8B to Japan. The main products that Indonesia exported to Japan are Coal Briquettes ($2.48B), Petroleum Gas ($2.07B), and Insulated Wire ($928M).