Indonesia Petroleum Gases Export: Value Decline
Indonesia's Petroleum Gases export (HS code 2711) saw a 16.9% value drop in 2025, with LNG dominating 74% of shipments. Track trends on yTrade.
Key Takeaways
Indonesia’s HS Code 2711 trade data for Petroleum Gases in 2025 shows a concentrated export profile dominated by LNG, with key regional buyers and a year-over-year value decline.
- LNG (HS 271111) accounted for 74% ($5.42B) of Indonesia Petroleum Gases Export value, with Japan (27.8%), China (26.5%), and Singapore (26.4%) as top destinations.
- Export value fell 16.9% to $7.35B despite stable shipment volume, signaling pricing pressure or lower-value product shifts.
- Buyer concentration is extreme: 98% of value came from repeat bulk buyers like BP Singapore and TotalEnergies.
- Singapore absorbed 26.4% of gaseous natural gas (HS 271121), reflecting its role as a regional hub.
This overview covers the period January–December 2025 and is based on verified customs data from the yTrade database.
Indonesia HS 2711 Exports Contract in Value During 2025
Indonesia Petroleum Gases Export data for the full year 2025 totaled $7.35 billion USD across 335 shipments. This represents a significant drop in value from 2024's $8.85 billion (-16.9%), while shipment frequency remained relatively stable with a slight 2.8% increase. This divergence suggests the year-over-year decline was driven primarily by pricing pressure or a shift toward lower-value product mixes, rather than a contraction in export activity.
Under today’s policy environment, these historical totals help establish a baseline for hs code 2711 value as Indonesia navigates trade terms with the US. A new trade agreement includes reciprocal tariffs, though energy products like petroleum gases are reportedly exempt from the broader 10% US tariff increase [Trade Agreement Reached with Indonesia]. Meanwhile, domestic energy policy remains focused on biodiesel mandates, with 2026 blend volumes unchanged [[Indonesia allocates 2026 biodiesel blend volumes
- Argus Media](https://www.argusmedia.com/en/news-and-insights/latest-market-news/2769075-indonesia-allocates-2026-biodiesel-blend-volumes)].
- Monitor US tariff implementation: Verify that specific HS 2711 products maintain their exemption status as Indonesia formally requests continued exclusions (Source Name).
- Assess counterparty concentration: With Pertamina Persero historically dominating this export category, review exposure to shifts in major shippers' volumes and pricing strategies.
- Watch for broader energy tariffs: While a proposed 1-5% coal export tariff is under discussion, it signals a policy trend that could eventually extend to other energy exports.
Table: Indonesia Petroleum Gases Export Value, Weight, Unit Price(Source: yTrade)
| Metric | 2025 | 2024 | YoY Change |
|---|---|---|---|
| Total Value | 7.35B USD | 8.85B USD | -16.88% |
| Total Weight | 14.79B kg | 15.49B kg | -4.55% |
| Frequency | 335.00 | 326.00 | +2.76% |
| Avg Unit Price | $0.50/kg | $0.57/kg | -12.92% |
Get Indonesia Petroleum Gases Data Latest Updates
Liquefied Natural Gas Dominates Indonesia’s Petroleum Gas Exports
In 2025, Indonesia’s primary petroleum gas export was liquefied natural gas (HS 271111), valued at $5.42 billion and representing 74% of the total value under this heading. A secondary export was natural gas in gaseous state (HS 271121), worth $1.89 billion (26%). All other types, such as liquefied ethylene/propylene, were negligible in value share. This export structure is highly concentrated, with bulk, unprocessed LNG overwhelmingly dominant. The minimal presence of processed, grade-specific gases like ethylene suggests a commodity-focused export profile rather than a diversified, downstream product mix.
Table: Indonesia HS Code 2711) Export Breakdown Details (Source: yTrade)
| HS Code | Product Description | Value | Weight | Quantity | Frequency | Value Ratio |
|---|---|---|---|---|---|---|
| 271111 | Petroleum gases and other gaseous hydrocarbons; liquefied, natural gas | 5.42B | 11.11B | 553.64M | 188.00 | 73.71% |
| 271121 | Petroleum gases and other gaseous hydrocarbons; in gaseous state, natural gas | 1.89B | 3.61B | 173.57M | 70.00 | 25.76% |
| 271114 | Petroleum gases and other gaseous hydrocarbons; liquefied, ethylene, propylene, butylene and butadiene | 38.61M | 70.61M | 70.64K | 37.00 | 0.53% |
| 271119 | Petroleum gases and other gaseous hydrocarbons; liquefied, n.e.c. in heading no. 2711 | 236.26K | 259.90K | 259.90 | 21.00 | 0.00% |
| 271129 | Petroleum gases and other gaseous hydrocarbons; in gaseous state, other than natural gas | 300.00 | 331.00 | 158.00 | 19.00 | 0.00% |
Check Detailed HS Code 2711 Breakdown
Indonesia’s Petroleum Gases Export Destinations
Indonesia’s exports of petroleum gases (HS 2711) in Jan–Dec 2025 are concentrated in East and Southeast Asia, with the top three destinations—Japan (27.8% of value), China Mainland (26.5%), and Singapore (26.4%)—accounting for over 80% of the total export value. South Korea (12.4%) is a significant secondary market, while smaller shares go to China Taiwan, Thailand, Bangladesh, and the Philippines. No single destination exceeds a 50% value share, indicating a diversified regional portfolio rather than dependence on one market.
HS Code 271111 Top Destination Countries
The main importers are Japan, China Mainland, and South Korea.
Top 5: Japan (value share 27.8%), China Mainland (26.3%), South Korea (12.4%), China Taiwan (2.4%), Thailand (~2.1%).
Japan’s high value and weight share aligns with its role as a major LNG importer for power generation. China’s substantial volume reflects demand from its industrial and residential gas networks. South Korea’s imports support its manufacturing and energy sectors, while Taiwan and Thailand represent smaller, steady regional demand.
HS Code 271121 Top Destination Countries
Singapore is the dominant, near‑exclusive importer of this sub‑type.
Top 5: Singapore (value share ~26.4%).
Singapore’s position as a global trading and bunkering hub explains its role as the primary destination, likely for storage, blending, or re‑export to other markets in the region.
HS Code 271114 Top Destination Countries
The key importers are China Mainland, Singapore, and South Korea.
Top 5: China Mainland (value $18.6M), Singapore ($11.7M), South Korea ($5.1M), Belgium ($3.3M), Malaysia (minimal).
China’s leading share suggests specialized industrial or chemical‑feedstock demand. Singapore’s imports may serve niche petrochemical or technical applications. South Korea and Belgium indicate diversified, high‑value niche markets, possibly for specialized gas mixtures or laboratory use.
Table: Indonesia Petroleum Gases Top Destination Countries (Source: yTrade)
| HS Code | Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|---|
| 271111 | JAPAN | 2.04B | 194.10M | 61.00 | 4.28B |
| CHINA MAINLAND | 1.93B | 190.94M | 69.00 | 3.66B | |
| SOUTH KOREA | 908.30M | 114.83M | 40.00 | 2.21B | |
| CHINA TAIWAN | 173.70M | 17.52M | 5.00 | 335.85M | |
| THAILAND | 152.48M | 15.14M | 5.00 | 221.72M | |
| 271121 | SINGAPORE | 1.89B | 173.57M | 70.00 | 3.61B |
| 271114 | CHINA MAINLAND | 18.58M | 35.66K | 17.00 | 35.66M |
| SINGAPORE | 11.70M | 19.54K | 10.00 | 19.54M | |
| SOUTH KOREA | 5.08M | 9.86K | 5.00 | 9.86M | |
| BELGIUM | 3.25M | 5.54K | 2.00 | 5.54M | |
| MALAYSIA | 547.79 | 36.00 | 3.00 | 1.80K |
Get Indonesia Petroleum Gases (HS Code 2711) Complete Destination Countries Profile
Indonesia’s petroleum gases exports are dominated by a core of contract buyers
The buyer base is highly concentrated around repeat, large-volume buyers, who account for over 98% of the trade’s value and 82% of its transaction frequency. This indicates a significant concentration risk. The market shows minimal activity from infrequent bulk buyers, frequent small-ticket buyers, and occasional buyers combined.
This structure demands a sales strategy focused on retaining and servicing a few key accounts, with operations prepared for complex documentation and logistics.
yTrade’s buyer list includes: BP Singapore Pte Ltd, Hanwha Corporation, TotalEnergies Gas & Power Asia Private Limited.
Prioritize relationship management and service levels for the dominant buyer cluster.
Ensure contract and compliance documentation is streamlined for high-value shipments.
Table: Indonesia Petroleum Gases (HS Code 2711) Top Buyers List (Source: yTrade)
| Buyer Company | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| CNOOC FUJIAN LNG CO | 1.09B | 104.16M | 32.00 | 2.00B |
| SEMBCORP GAS PTE LTD | 1.07B | 96.33M | 36.00 | 1.99B |
| GAS SUPPLY PTE LTD | 827.15M | 77.24M | 34.00 | 1.62B |
| THE KANSAI ELECTRIC POWER COMPANY INCORPORATED | ****** | ****** | ****** | ****** |
Check Full Indonesia Petroleum Gases Buyers list
Frequently Asked Questions
How much Petroleum Gases did Indonesia Export in 2025 (HS Code 2711)?
According to the yTrade customs database, Indonesia Petroleum Gases Export under HS Code 2711 totaled $7.35 billion USD across 335 shipments in 2025.
What is the HS Code 2711 breakdown for Indonesia Petroleum Gases Export?
Liquefied natural gas (HS 271111) dominated with a 74% share ($5.42B), followed by natural gas in gaseous state (HS 271121) at 26% ($1.89B); other grades were negligible.
Who are the main partners for Indonesia Petroleum Gases Export (HS Code 2711)?
Japan (27.8%), China Mainland (26.5%), and Singapore (26.4%) were the top destinations, collectively accounting for over 80% of HS Code 2711 trade data.
Why does the unit price differ across partners in Indonesia Petroleum Gases Export?
Variations stem from product mix—Singapore pays premium rates for gaseous state (HS 271121), while Japan and China import bulk LNG (HS 271111) at scale.
How to verify a Petroleum Gases Exporter in Indonesia?
Confirm shipment frequency aligns with bulk LNG trade; check HS 271111/271121 dominance; validate recurring buyers like BP Singapore or TotalEnergies.
How is Petroleum Gases typically used in this trade flow?
LNG fuels power generation in Japan and industrial demand in China; gaseous state serves Singapore’s trading hub for regional redistribution.
yTrade contributor
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