Announcement
28 Apr 2023
In April 2023, the Minister of Trade of Indonesia increased the export duty on the export of crude palm oil (CPO) after the reference value of the CPO market was set at USD 955,53/MT.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 May 2023
Revocation date:
15 May 2023
Announced: 28 Apr 2023
Export tax
On 28 April 2023, the Minister of Trade of Indonesia issued Regulation No.940/2023, increasing the export duty on crude palm oil (CPO) from 52 USD/MT to 74 USD/MT. The new tax was adopted after settin...
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Related State Acts
Announced: 12 May 2023
Indonesia: Temporary changes in export duties of crude palm oil (12 May 2023)
Prolonged: 01 May 2023
Indonesia: Temporary changes in export duties of crude palm oil (13 April 2023)
Announced: 09 Jun 2022
Indonesia: Government increased the export levies on crude palm oil and its derivative products
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