Global Trade Alert
Global Trade Alert

Indonesia: Temporary changes in export duty of crude palm oil (14 September 2022)

Announcement

14 Sep 2022

In September 2022, the Minister of Trade of Indonesia reduced the export duty on crude palm oil (CPO) from 52 USD/MT to 18 USD/MT. The export tax change was adopted after the reference value of the CPO market was set at USD 846.32/MT.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

0 in force

Implementation date

16 Sep 2022

Revocation date:

No revocation date

Export tax

On 14 September 2022, the Minister of Trade of Indonesia issued Regulation No.1340/2022, reducing the export duty on crude palm oil (CPO) from 52 USD/MT to 18 USD/MT. The new tax was adopted after set...

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