How much coconut oil does Indonesia produce and export?
Indonesia is the 2nd largest producer of coconut oil: 646,000 tonnes in 2023, 21% of the world's 3.1 million tonnes (FAOSTAT). It is the largest exporter by value: $2.7 billion in 2024, 34% of world exports of coconut and palm kernel oil (HS 1513) (CEPII BACI). Its biggest customer is China, which takes 24% of its coconut oil exports by value.
All about coconut oil · All about Indonesia · Coconut oil price history
Indonesia's coconut oil production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 2 | 646,000 tonnes | 21% | -3.5% a year | 2023 |
FAOSTAT Crops and livestock products (QCL), 2023. World total is the sum of reporting countries.
Share of world output over time
| 1990 | 2000 | 2010 | 2020 | 2023 |
|---|---|---|---|---|
| 23% | 23% | 24% | 21% | 21% |
Indonesia's coconut oil exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 1 | $2.7 billion | 34% | 2.1 million t | $1,270 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 1513 (Coconut, palm kernel and babassu oil).
Where Indonesia's coconut oil goes
| Destination | Value | Share of Indonesia's exports |
|---|---|---|
| China | $647M | 24% |
| United States | $400M | 15% |
| Brazil | $272M | 10% |
| Netherlands | $227M | 8.5% |
| Malaysia | $175M | 6.5% |
Indonesia as a buyer of coconut oil
Indonesia imported $127.1 million of coconut and palm kernel oil (HS 1513) in 2024, 1.6% of world imports, ranked #14.
How much coconut oil Indonesia uses
Indonesia's domestic supply of coconut oil was 10 thousand tonnes in 2023, 0.3% of the world's. Food supply was 0.0 kg per person a year, 72nd highest of 108 countries with a million or more people. FAO's item is "Coconut oil". Consumption · Self-sufficiency.
The coconut oil price Indonesia sells into
The benchmark price, Philippines/Indonesia, CIF Rotterdam, was $2,083/t in September 2026, down 20% over twelve months. Its five-year volatility is 26% a year, calmer in 49% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Coconut oil price history.
Cite as: Commodity Origins, "Indonesia coconut oil: production, exports and prices", https://commodityorigins.com/countries/IDN/coconut-oil/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.