As one of the most important commodities in Indonesia, the government remains committed to promoting palm oil products. Even with the Covid-19 pandemic, it does not diminish the value of it. On the contrary, the value has increased.
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Export of Palm Products in Indonesia
This value increased by 13.6 percent compared to 2019, due to an increase in the price of palm products in the international market. However, the export volume of it has declined.
In 2020, the export volume of palm products was 34 million tons, lower than in 2019, which reached 37.39 million tons.
Although the volume declined, the export value increased by 13.65 percent from US$20.21 billion to US$22.97 billion.
Meanwhile, export of Crude Palm Oil (CPO) decreased from 31.13 million tons in 2019 to 28.27 million tons in 2020.
Then lauric decreased from 1.92 million tons to 1.83 million tons and biodiesel decreased from 1.1 million tons to 300 thousand tons.
The opposite result was seen in oleochemical products, which increased from 3.22 million tons to 3.87 million tons last year.
Palm Products in Indonesia
As one of the largest palm producing countries, many downstream products are naturally produced.
Then, how to buy them from Indonesia?
Buy Palm Products from Indonesia
To buy it from Indonesia, you can buy them directly from the suppliers.
So what if you want to export but do not have everything under control?