Who imports oil from Indonesia?

Does the US import oil from Indonesia?

U.S. imports of mineral fuels from Indonesia totaled $1.2 billion in 2018 and $33.7 million in Q1 2019. The top imported good to the U.S. in this category was crude oil (HS Code 2709), accounting for 85.1% of imports of mineral fuels from Indonesia.

Who exports oil from Indonesia?

In 2020, the total value of crude oil exports from Indonesia reached approximately 1.4 billion U.S. dollars, indicating a decrease in comparison to the previous year. Thailand, Singapore and China were the top three export destinations for crude petroleum oil in terms of value in 2020.

Where does Indonesia export oil to?

Indonesia Crude Oil: Exports data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries.

Buy Selected Data.

country/region Last
Cameroon (Barrel/Day th) 99.000 2008
Canada (Barrel/Day th) 3,261.440 2019
China (Barrel/Day th) 17.600 2019

How much oil does Indonesia import?

Due to this decline in production and a rapid increase in domestic consumption, Indonesia is now a net importer of oil. Bank of Indonesia reports that as of December 2018, oil and gas exports value amounted to USD 1.3 billion while imports amounted to USD 3 billion.

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Where does most of US oil come from?

America is one of the world’s largest oil producers, and close to 40 percent of U.S. oil needs are met at home. Most of the imports currently come from five countries: Canada, Saudi Arabia, Mexico, Venezuela and Nigeria.

What is Vietnam’s largest export?

Exports The top exports of Vietnam are Broadcasting Equipment ($42.3B), Telephones ($18.2B), Integrated Circuits ($15.5B), Textile Footwear ($10.6B), and Leather Footwear ($6.43B), exporting mostly to United States ($63.7B), China ($40.3B), Japan ($21.2B), South Korea ($20.3B), and Germany ($8.22B).

What are the main imports of Indonesia?

Indonesia has generous natural resources, including crude oil, natural gas, tin, copper, and gold. Its key imports include machinery and equipment, chemicals, fuels, and foodstuffs. Major exports include oil and gas, electrical appliances, plywood, rubber and textiles.

Who is the most famous person in Indonesia?

Famous people from Indonesia

  • Sukarno. Politician. …
  • Suharto. Politician. …
  • Agnes Monica. Dance-pop Artist. …
  • Fatin Shidqia. Singer. …
  • Susilo Bambang Yudhoyono. Politician. …
  • Taufik Hidayat. Olympic Badminton Player. …
  • Megawati Sukarnoputri. Politician. …
  • Joko Widodo. Politician.

Does Indonesia still have oil?

Oil Reserves in Indonesia

Indonesia holds 3,692,500,000 barrels of proven oil reserves as of 2016, ranking 27th in the world and accounting for about 0.2% of the world’s total oil reserves of 1,650,585,140,000 barrels. Indonesia has proven reserves equivalent to 6.2 times its annual consumption.

What is palm oil used for in Indonesia?

The crude palm oil production system is vital to the economy of Indonesia and has many domestic and foreign uses. It provides a major export source through food and for industrial use. It is also used for domestic food, biodiesel, and biofuel.

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Does Malaysia have oil reserves?

Exploration and production

According to the Oil & Gas Journal (OGJ), Malaysia held proved oil reserves of 3.6 billion barrels as of January 2020, the fourth-largest reserves in Asia Pacific after China, India, and Vietnam. 6 Nearly all of Malaysia’s oil comes from offshore fields.