In 2019 Indonesia shipped 140 tonnes of fish oil. In 2019 alone, the market for Indonesia fish oil (processed category) has gone down, flactuating by -3.448 percent compared to the year 2018. Between 2017 and 2019, fish oil's exports went down by -28.57 pc bringing the exporter US$0.17m for the year 2019. Indonesia's fish oil exports are categorised as:
- Fats and oils and their fractions of marine mammals, whether or not refined (excluding chemically modified) (HS code 150430)
- Fats and oils of fish and their fractions, whether or not refined (excluding liver oils and chemically modified) (HS code 150420)
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Indonesia minyak ikan export values
In 2019, Indonesia sold fish oil costing 0.17m USD, a drop of -36.33% from 2018's total fish oil export of 0.267m USD. The annual change in value of Indonesia fish oil between 2017 to 2018 was 21.918 pc.
The per year variation in the amount of Indonesia's fish oil exports between 2017 and 2019 was -28.57% compared to a variation of -3.448% in the period between 2018 and 2019.
Indonesia's stake of the world's total fish oil's exports in 2019 was less than 1%. Indonesia is ranked number 36 in world exports of fish oil.
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Export markets for Indonesia minyak ikan ( in '000$ )
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Import/Export Trends
Indonesia is a net exporter of fish oil. The annual growth of Indonesia fish oil in value between 2015 to 2019 was -6%, per annum, while annual growth in quantity for the same period was -17%, per annum.
Indonesia bought 12,965 tonnes of fish oil in 2019.
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