Announcement
30 May 2023
In May 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 811,68/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 Jun 2023
Revocation date:
No revocation date
Export tax
On 30 May 2023, the Minister of Trade of Indonesia issued Regulation No.997/2023, reducing the export duty on crude palm oil (CPO) from 33 USD/MT to 18 USD/MT. The new tax was adopted after setting th...
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Export tax
On 30 May 2023, the Minister of Trade of Indonesia issued Regulation No.997/2023, reducing the plantation fund tariffs for the export of crude palm oil (CPO) from 90 USD/tonnes to 85 USD/tonnes. The n...
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Related State Acts
09 Jun 2022
Indonesia: Government increased the export levies on crude palm oil and its derivative products
01 Nov 2022
Indonesia: Government increased the plantation fund tariffs for the exports of palm oil and its derivative products (November 2022)
12 May 2023
Indonesia: Temporary changes in export duties of crude palm oil (12 May 2023)
15 Jun 2023
Indonesia: Temporary changes in export duties of crude palm oil (15 June 2023)
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