Indonesia: Temporary changes in export duty of crude palm oil (30 September 2022)

Announcement

30 Sep 2022

In September 2022, the Minister of Trade of Indonesia reduced the export duty on crude palm oil (CPO) from 18 USD/MT to 3 USD/MT. The export tax change was adopted after the reference value of the CPO market was set at USD 792.19/MT.

Source

Number of interventions

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Oct 2022

Revocation date:

15 Oct 2022

Updated: 30 Sep 2022

Export tax

<p>On 30 September 2022, the Minister of Trade of Indonesia issued Regulation No.1371/2022, reducing the export duty on crude palm oil (CPO) from 18 USD/MT to 3 USD/MT. The new...