Global Trade Alert
Global Trade Alert

Indonesia: Temporary changes in export duties of crude palm oil (14 November 2022)

Announcement

14 Nov 2022

In November 2022, the Minister of Trade of Indonesia increased the export duty and plantation fund tariff on the export of crude palm oil (CPO) after the reference value of the CPO market was set at USD 826,58/MT.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

16 Nov 2022

Revocation date:

No revocation date

Export tax

On 14 November 2022, the Minister of Trade of Indonesia issued Regulation No.1500/2022, increasing the export duty on crude palm oil (CPO) from 3 USD/MT to 18 USD/MT. The new tax was adopted after set...

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Export tax

On 14 November 2022, the Minister of Trade of Indonesia issued Regulation No.1500/2022, increasing the plantation fund tariffs for the export of crude palm oil (CPO) from 0 USD/tonnes to 85 USD/tonnes...

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