Global Trade Alert
Global Trade Alert

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

Announcement

15 Nov 2023

In November 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 750.54/MT.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

16 Nov 2023

Revocation date:

No revocation date

Export tax

On 15 November 2023, the Minister of Trade of Indonesia issued Regulation No.1911/2023, increasing the export duty on crude palm oil (CPO) from 0 USD/MT to 3 USD/MT. The new tax was adopted after sett...

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