Global Trade Alert
Global Trade Alert

Indonesia: Temporary changes in export duties of crude palm oil (30 January 2023)

Announcement

30 Jan 2023

In January 2023, the Minister of Trade of Indonesia reduced 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 879,31/MT.

Source

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

0 in force

Implementation date

01 Feb 2023

Revocation date:

No revocation date

Export tax

On 30 January 2023, the Minister of Trade of Indonesia issued Regulation No.114/2023, reducing the export duty on crude palm oil (CPO) from 52 USD/MT to 33 USD/MT. The new tax was adopted after settin...

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Export tax

On 30 January 2023, the Minister of Trade of Indonesia issued Regulation No.114/2023, reducing the plantation fund tariffs for the export of crude palm oil (CPO) from 95 USD/tonnes to 90 USD/tonnes. T...

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