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

Announcement

14 Oct 2022

In October 2022, the Minister of Trade of Indonesia reduced the export duty on crude palm oil (CPO) from 3 USD/MT to 0 USD/MT. The export tax change was adopted after the reference value of the CPO market was set at USD 713.89/MT.

Source

Number of interventions

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

16 Oct 2022

Revocation date:

31 Oct 2022

Updated: 14 Oct 2022

Export tax

<p>On 14 October 2022, the Minister of Trade of Indonesia issued Regulation No.1436/2022, reducing the export duty on crude palm oil (CPO) from 3 USD/MT to 0 USD/MT. T...