Global Trade Alert
Global Trade Alert

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

Announcement

15 Sep 2023

In September 2023, the Minister of Trade of Indonesia reduced the export duty on the export of crude palm oil (CPO) after the reference value of the CPO market was set at USD 798,83/MT.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

0 in force

Implementation date

16 Sep 2023

Revocation date:

No revocation date

Export tax

On 15 September 2023, the Minister of Trade of Indonesia issued Regulation No.1666/2023, reducing the export duty on crude palm oil (CPO) from 18 USD/MT to 3 USD/MT. The new tax was adopted after sett...

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