Global Trade Alert
Global Trade Alert

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

Announcement

14 Dec 2022

In December 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 871,99/MT.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Dec 2022

Revocation date:

15 Jan 2023

Prolonged: 01 Jan 2023
Export tax
On 14 December 2022, the Minister of Trade of Indonesia issued Regulation No.1552/2022, increasing the plantation fund tariffs for the export of crude palm oil (CPO) from 85 USD/tonnes to 90 USD/tonne...
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Prolonged: 01 Jan 2023
Export tax
On 14 December 2022, the Minister of Trade of Indonesia issued Regulation No.1552/2022, increasing the export duty on crude palm oil (CPO) from 18 USD/MT to 33 USD/MT. The new tax was adopted after se...
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