Global Trade Alert
Global Trade Alert

Indonesia: Temporary changes in export duties of crude palm oil (27 March 2024)

Announcement

27 Mar 2024

In March 2024, 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 857.62/MT.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Apr 2024

Revocation date:

31 May 2024

End prolongation: 31 May 2024
Export tax
On 27 March 2024, the Minister of Trade of Indonesia issued Regulation No.416/2024, increasing the plantation fund tariffs for the export of crude palm oil (CPO) from 85 USD/tonne to 90 USD/tonne. The...
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End prolongation: 31 May 2024
Export tax
On 27 March 2024, the Minister of Trade of Indonesia issued Regulation No.416/2024, increasing the export duty on crude palm oil (CPO) from 3 USD/MT to 33 USD/MT. The new tax was adopted after setting...
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