Tung Oil Prices in Indonesia
| Variety | Market level | Price (US$/kg) | Local (IDR) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 1.09 | 18,135 | ▲ 12.1% | ▲ 12.1% | UN Comtrade (unit value) |
As of June 2026, the tung oil price in Indonesia available is US$ 1.09 per kg (18,135 IDR), up 12.1% year-on-year.
Indonesia is the world's leading exporter of tung oil, shipping 1,900,180 tonnes valued at US$1,844,536,584 in 2024, which accounts for 27.8% of global exports and reflects a 10.4% year-on-year increase. The country holds the #1 rank among 108 exporters and maintains a net exporter position. The latest export unit value for tung oil is US$1.0881 per kg.
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Production, Exports, Imports & HS Codes - tung oil in Indonesia
Indonesia is the world's leading exporter of tung oil, shipping 1,900,180 tonnes valued at US$1,844,536,584 in 2024, which accounts for 27.8% of global exports and reflects a 10.4% year-on-year increase. The country holds the #1 rank among 108 exporters and maintains a net exporter position. The latest export unit value for tung oil is US$1.0881 per kg.
Exports UN Comtrade · 2024
In 2024, Indonesia exported $1.84B (1.9 Mt) of tung oil▲ 10.4% YoY. That ranks #1 worldwide (27.8% of global exports).
Export value by year (US$)
Export volume by year
Top tung oil exporters worldwide UN Comtrade · 2024
- #1 Indonesia $1.84B · 27.8%
- #2 Netherlands $686.5M · 10.4%
- #3 Belgium $567.1M · 8.6%
- #4 Malaysia $522M · 7.9%
- #5 Sweden $355.3M · 5.4%
Annual export data Indonesia · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $1.84B | 1.9 Mt | $0.97 |
| 2023 | $1.67B | 1.79 Mt | $0.93 |
| 2022 | $1.84B | 1.52 Mt | $1.21 |
| 2021 | $1.52B | 1.39 Mt | $1.09 |
| 2020 | $770.3M | 996.7 kt | $0.77 |
HS Code
tung oil is traded under Harmonized System code 1517.90. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade. Values are official reported figures.