Indonesia: Temporary changes in export duty of crude palm oil (15 August 2022)

Announcement

15 Aug 2022

In August 2022, the Minister of Trade of Indonesia increased the export duty on crude palm oil (CPO) from 33 USD/MT to 52 USD/MT. The export tax change was adopted after the reference value of the CPO market was set at USD 900.52/MT.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Aug 2022

Revocation date:

15 Sep 2022

Updated: 15 Aug 2022

Export tax

<p>On 15 August 2022, the Minister of Trade of Indonesia issued Regulation No.1165/2022, increasing the export duty on crude palm oil (CPO) from 33 USD/MT to 52 USD/MT...