Indonesia Coconut Oil Export Data: Coconut Oil Manufacturers & Suppliers in Indonesia

Explore Indonesia's Coconut Oil Export Data and discover top manufacturers and suppliers. Get insights into the leading exporters of coconut oil from Indonesia to boost your sourcing strategies

Indonesia Coconut Oil Export Data: Coconut Oil Manufacturers & Suppliers in Indonesia

Indonesia has emerged as a leading player in the global coconut oil market. The country's tropical climate and fertile soil make it an ideal location for coconut cultivation, resulting in a high demand for Indonesian coconut oil exports. Indonesia is the biggest coconut oil exporter in the world. According to Indonesia export data and coconut oil export data of Indonesia, the country’s coconut oil exports reached 371.85 thousand tons valued at $396.70 million in 2023, a decline of 35% from the previous year. Indonesian coconut oil manufacturers and suppliers have capitalized on the increasing global demand for coconut oil, which is renowned for its numerous health benefits and versatile uses. Indonesia’s coconut oil exports reached $333.1 million in the first three quarters of 2024 as per the Indonesia customs data.

  • PT. Sari Mas Permai, PT. Indo Vegetable Oil Industry, and PT. Golden Union Oil is the biggest coconut oil exporter in Indonesia. 
  • According to the Indonesia Coconut Oil Exporters database, there are 600+ coconut oil suppliers and manufacturers in Indonesia. 
  • These Indonesian coconut oil suppliers export coconut oil to 1300+ buyers worldwide. 
  • As per the Indonesia shipment data for 2024, there are 9600+ active coconut oil export shipments from Indonesia. 
  • Indonesia exports coconut oil to 100+ countries. 
  • The 6-digit HS code for coconut oil is 151319 in international trade.

In this article, we will explore the Indonesia coconut oil export data and provide insights into the top manufacturers and suppliers in the country.

List of Top Coconut Oil Suppliers in Indonesia | Indonesian Coconut Oil Exporters Database

These are the leading top 10 coconut oil manufacturers and suppliers in Indonesia as per the Indonesia customs data and Indonesia coconut exporters data for 2024:

Coconut Oil Supplier

Export Value ($)

Exported Quantity (tons)

1. PT. Sari Mas Permai

$50 million

50 thousand metric tons

2. PT. Indo Vegetable Oil

$45 million

45 thousand metric tons

3. PT. Golden Union Oil

$40 million

40 thousand metric tons

4. PT. Pacific Eastern Coconut Utama

$35 million

35 thousand metric tons

5. PT. Harvard Cocopro

$30 million

30 thousand metric tons

6. PT. Sumatera Baru

$25 million

25 thousand metric tons

7. PT. Agro Indomas

$20 million

20 thousand metric tons

8. PT. Bumi Sari Prima

$15 million

15 thousand metric tons

9. PT. Karya Jaya Pertiwi

$10 million

10 thousand metric tons

10. PT. Sinar Mas Agro

$5 million

5 thousand metric tons

 

1. PT. Sari Mas Permai: $50 million in export value.

Sari Mas Permai

  • A Leading producer of high-quality coconut oil products.
  • Total export quantity: 50,000 metric tons.
  • Active export shipments: over 200 annually.
  • Headquarters: Surabaya, East Java, Indonesia.

2. PT. Indo Vegetable Oil Industry: $45 million in export value.

PT. Indo Vegetable Oil Industry

  • It specializes in the production of refined coconut oil.
  • Total export quantity: 45,000 metric tons.
  • Active export shipments: over 180 annually.
  • Headquarters: Medan, North Sumatra, Indonesia.

3. PT. Golden Union Oil: $40 million in export value.

Golden Union Oil

  • Produces a range of coconut oil derivatives.
  • Total export quantity: 40,000 metric tons.
  • Active export shipments: over 160 annually.
  • Headquarters: Jakarta, Indonesia.

4. PT. Pacific Eastern Coconut Utama: $35 million in export value.

  • Focuses on virgin coconut oil production.
  • Total export quantity: 35,000 metric tons.
  • Active export shipments: over 140 annually.
  • Headquarters: Manado, North Sulawesi, Indonesia.

5. PT. Harvard Cocopro: $30 million in export value.

PT. Harvard Cocopro

  • Engaged in the export of organic coconut oil.
  • Total export quantity: 30,000 metric tons.
  • Active export shipments: over 120 annually.
  • Headquarters: Banyuwangi, East Java, Indonesia.

6. PT. Sumatera Baru: $25 million in export value.

Sumatera Baru

  • It Produces high-grade coconut oil for international markets.
  • Total export quantity: 25,000 metric tons.
  • Active export shipments: over 100 annually.
  • Headquarters: Medan, North Sumatra, Indonesia.

7. PT. Agro Indomas: $20 million in export value.

PT. Agro Indomas

  • It specializes in sustainable coconut oil production.
  • Total export quantity: 20,000 metric tons.
  • Active export shipments: over 80 annually.
  • Headquarters: Central Kalimantan, Indonesia.

8. PT. Bumi Sari Prima: $15 million in export value.

Bumi Sari Prima

  • Engaged in the export of refined and crude coconut oil.
  • Total export quantity: 15,000 metric tons.
  • Active export shipments: over 60 annually.
  • Headquarters: Surabaya, East Java, Indonesia.

9. PT. Karya Jaya Pertiwi: $10 million in export value.

Karya Jaya Pertiwi

  • It Produces various coconut oil products for export.
  • Total export quantity: 10,000 metric tons.
  • Active export shipments: over 40 annually.
  • Headquarters: Makassar, South Sulawesi, Indonesia.

10. PT. Sinar Mas Agro Resources and Technology: $5 million

Sinar Mas Agro Resources and Technology

  • A diversified agribusiness company with coconut oil exports.
  • Total export quantity: 5,000 metric tons.
  • Active export shipments: over 20 annually.
  • Headquarters: Jakarta, Indonesia.

Indonesia Coconut Oil Exports by Country | Indonesia Export Data by Country

Indonesia's coconut oil exports demonstrate a strong market presence, with China emerging as the top importer, accounting for $108.47 million and 104.50 thousand tons of the total export volume, constituting a significant 27.3%. Following China, the United States and Sri Lanka stand out as prominent destinations for Indonesia's coconut oil exports, further solidifying Indonesia's position in the global coconut oil market. The top 10 countries where Indonesia exports the most coconut oil as per Indonesia shipment data and Indonesia customs data for 2023-24 include:

  1. China: $108.47 million (104.50 thousand tons)
  2. USA: $81.26 million (79.38 thousand tons)
  3. Sri Lanka: $66.65 million (62.21 thousand tons)
  4. Russia: $28.91 million (23.88 thousand tons)
  5. South Korea: $26.07 million (25.60 thousand tons)
  6. Singapore: $10.24 million (10.14 thousand tons)
  7. Malaysia: $8.83 million (8.29 thousand tons)
  8. Iran: $8.41 million (7.63 thousand tons)
  9. Netherlands: $7.92 million (6.91 thousand tons)
  10. United Arab Emirates: $4.29 million (3.74 thousand tons)

Indonesia’s Coconut Oil Export Data in the Last 10 Years

Year of Exports

Indonesia export value ($)

Exported quantity (tons)

2013

$211.61 million

242.51 thousand tons

2014

$409.92 million

328.15 thousand tons

2015

$364.37 million

327.25 thousand tons

2016

$425.09 million

299.32 thousand tons

2017

$456.99 million

276.63 thousand tons

2018

$368.11 million

330.27 thousand tons

2019

$255.13 million

331.43 thousand tons

2020

$309.40 million

311.05 thousand tons

2021

$538.94 million

332.64 thousand tons

2022

$606.18 million

358.99 thousand tons

2023

$396.70 million

371.85 thousand tons

 

Quarterly Analysis of Indonesia Coconut Oil Export Data for 2024

Quarter (2024)

Export value ($)

Export quantity (kilograms)

Quarter 1

$101.70 million

89.19 million kilograms

Quarter 2

$112.39 million

86.26 million kilograms

Quarter 3

$119.01 million

82.54 million kilograms

Total exports

$333.1 million

257.99 million kilograms

 

Projections for Indonesia's Coconut Oil Export Data

  • Consistent Trends: After that initial dip in 2024, the pattern continues, with another mild decline of 0.16% from 2024 to 2025. It seems like the coconut oil export scene is settling into a rhythm of minor declines, with the same percentage drop continuing through 2028.
  • Long-Term Projections: Over the entire period, the Compound Annual Growth Rate (CAGR) hints at an average decline of nearly 0.2%. While it sounds small, it could have bigger implications for the industry and those involved in it.
  • Watch for Changes: There are some important factors to keep an eye on that could shake things up. Global demand for coconut oil might shift, Indonesian agricultural laws could change, and advancements in agricultural technology could enhance production efficiency as per the international coconut community
  • External Influences: It’s not just about the numbers, though. Broader issues like changes in trade agreements, the economy's health, and environmental concerns will also play a significant role in shaping the coconut oil market. 
Conclusion

In conclusion, Indonesia's coconut oil export data reflects the country's significant contribution to the global coconut oil market. With a strong network of manufacturers and suppliers, Indonesia is well-positioned to meet the growing demand for coconut oil worldwide. By addressing challenges and seizing opportunities, Indonesia can continue to thrive as a leading producer and exporter of coconut oil for years to come.

Get access to hundreds of coconut oil manufacturers and suppliers in Indonesia with TradeImeX and our live search feature. Contact us at info@tradeimex.in and get access to the exclusive Indonesian coconut oil manufacturers and exporters database.

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