Soyabean Oil Prices in Indonesia
| Variety | Market level | Price (US$/kg) | Local (IDR) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Global benchmark | 1.78 | 29,588 | ▲ 8.0% | ▲ 52.6% | World Bank Pink Sheet |
| - | Export (unit value) | 7.25 | 120,888 | ▼ 66.6% | ▼ 66.6% | UN Comtrade (unit value) |
As of June 2026, the soyabean oil price in Indonesia available is US$ 7.25 per kg (120,888 IDR), down 66.6% year-on-year.
Indonesia exported soyabean oil valued at US$76 in 2024, with no recorded export volume. The country ranks #70 out of 72 exporters and is a net exporter. The latest export unit value is US$7.2533 per kg, reflecting a 333.7% year-on-year increase in export value.
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Soyabean Oil Price History & Trend
Global benchmark (world reference) price for soyabean oil, US$ per kg.
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Production, Exports, Imports & HS Codes - soyabean oil in Indonesia
Indonesia exported soyabean oil valued at US$76 in 2024, with no recorded export volume. The country ranks #70 out of 72 exporters and is a net exporter. The latest export unit value is US$7.2533 per kg, reflecting a 333.7% year-on-year increase in export value.
Exports UN Comtrade · 2024
In 2024, Indonesia exported $76 (0 t) of soyabean oil▲ 333.7% YoY. That ranks #70 worldwide.
Export value by year (US$)
Export volume by year
Top soyabean oil exporters worldwide UN Comtrade · 2024
- #1 Argentina $4.64B · 51.5%
- #2 Brazil $1.15B · 12.7%
- #3 Paraguay $409.2M · 4.5%
- #4 Turkey $348.5M · 3.9%
- #5 US $310.7M · 3.5%
Annual export data Indonesia · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $76 | 0 t | $21.71 |
| 2023 | $18 | 0 t | $1.18 |
| 2022 | $1 | 0 t | $0.63 |
| 2020 | $5.8K | 0.7 t | $8.31 |
HS Code
soyabean oil is traded under Harmonized System code 1507.10. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade. Values are official reported figures.