KONTAN.CO.ID - JAKARTA. The world's top palm oil producer Indonesia exported a record 36.18 million tonnes of palm oil and its products, including biodiesel and oleochemical last year, data from the Indonesia Palm Oil Association (GAPKI) showed on Monday. Exports rose by 4.2% from 34.71 million tonnes in 2018, supported by rising demand from China, the Middle East and African markets, which offset declines in demand from other countries notably India, chairman Joko Supriyono said. He said India, the world's top vegetable oil buyer, recorded the biggest decline among shipment destinations last year following higher import tariffs on Indonesian shipments compared to those from rival Malaysia.
Indonesia' palm oil exports hit record in 2019
KONTAN.CO.ID - JAKARTA. The world's top palm oil producer Indonesia exported a record 36.18 million tonnes of palm oil and its products, including biodiesel and oleochemical last year, data from the Indonesia Palm Oil Association (GAPKI) showed on Monday. Exports rose by 4.2% from 34.71 million tonnes in 2018, supported by rising demand from China, the Middle East and African markets, which offset declines in demand from other countries notably India, chairman Joko Supriyono said. He said India, the world's top vegetable oil buyer, recorded the biggest decline among shipment destinations last year following higher import tariffs on Indonesian shipments compared to those from rival Malaysia.