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Indonesia: Temporary changes in export duties of crude palm oil (27 February 2024)

Description

On 27 February 2024, the Minister of Trade of Indonesia issued Regulation No.199/2024, decreasing the export duty on crude palm oil (CPO) from 18 USD/MT to 3 USD/MT. The new tax was adopted after sett...

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Intervention Details

Intervention Type

Export tax

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Mar 2024

Revocation date

31 Mar 2024

Implementation level

National

Affected flow

Outward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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