In 2019 Indonesia shipped 2 tonnes of olive oil. Across 2019 alone, the market for Indonesia olive oil (processed category) has gone down, flactuating by -60 pc compared to the year 2018. Between 2017 and 2019, olive oil's exports reduced by -84.62% netting the exporter US$0.01m for the year 2019. Indonesia's olive oil exports are classified as:
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
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Indonesia minyak zaitun export values
In 2019, Indonesia supplied olive oil costing 0.01m USD, a decrease of -61.54% from 2018's total olive oil export of 0.026m USD. The yearly change in value of Indonesia olive oil between 2017 to 2018 was -33.333 pc.
The per year variation in the quantity of Indonesia's olive oil exports between 2017 and 2019 was -84.62% compared to a variation of -60% in the period between 2018 and 2019.
Indonesia's portion of the world's total olive oil's exports in 2019 was less than 1%. Indonesia holds number 14 in world exports of olive oil.
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Export markets for Indonesia minyak zaitun ( in '000$ )
Indonesia's top destinations for olive oil are Malaysia, Brunei Darussalam, Nigeria, Ivory Coast (Côte d'Ivoire
) and Benin.
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Indonesia procured 3,104 tonnes of olive oil in 2019.
