In 2019 Indonesia sold 171 tonnes of cottonseed oil. Across 2019 alone, the market for Indonesia cottonseed oil (processed category) has shrunk, flactuating by -16.176 pc compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports grew by 66.02% bringing the nation US$0.28m for the year 2019. Indonesia's cottonseed oil exports are classified as:
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
- Crude cotton-seed oil (HS code 151221)
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Indonesia minyak biji kapas export values
In 2019, Indonesia supplied cottonseed oil costing 0.28m USD, an improvement of 37.93% from 2018's total cottonseed oil export of 0.203m USD. The yearly increase in value of Indonesia cottonseed oil between 2017 to 2018 was 75%.
The yearly variation in the volume of Indonesia's cottonseed oil exports between 2017 and 2019 was 66.02% in comparison to a variation of -16.176% in the period between 2018 and 2019.
Indonesia's portion of the world's total cottonseed oil's exports in 2019 was 7.3 pc. Indonesia is ranked position 4 in world exports of cottonseed oil.
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Export markets for Indonesia minyak biji kapas ( in '000$ )
Indonesia's top export markets for cottonseed oil are Japan, US and Malaysia.
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Import/Export Trends
Indonesia is a net exporter of cottonseed oil. The annual growth of Indonesia cottonseed oil in value between 2015 to 2019 was 2%, per year, while annual growth in quantity was 4%, per annum.
Indonesia procured 7,929 tonnes of cottonseed oil in 2019.
