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
0 in force
Implementation date
01 Apr 2024
Revocation date:
No revocation date
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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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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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)
30 Jan 2024
Indonesia: Temporary changes in export duties of crude palm oil (30 January 2024)
27 Feb 2024
Indonesia: Temporary changes in export duties of crude palm oil (27 February 2024)
29 May 2024
Indonesia: Temporary changes in export duties of crude palm oil (29 May 2024)
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