Global Trade Alert
Global Trade Alert

Indonesia: Temporary changes in export duties of crude palm oil (15 March 2023)

Announcement

15 Mar 2023

In March 2023, 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 911,41/MT.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Mar 2023

Revocation date:

31 Mar 2023

Announced: 15 Mar 2023
Export tax
On 15 March 2023, the Minister of Trade of Indonesia issued Regulation No.863/2023, increasing the plantation fund tariffs for the export of crude palm oil (CPO) from 90 USD/tonnes to 95 USD/tonnes. T...
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Announced: 15 Mar 2023
Export tax
On 15 March 2023, the Minister of Trade of Indonesia issued Regulation No.863/2023, increasing the export duty on crude palm oil (CPO) from 33 USD/MT to 52 USD/MT. The new tax was adopted after settin...
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