Announcement
29 May 2024
In May 2024, 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 778.82/MT.
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Number of interventions
2
0 certainly harmful
0 likely harmful
2 liberalising
List of interventions
Implementation date
01 Jun 2024
Revocation date:
30 Jun 2024
Updated: 29 May 2024
Export tax
On 29 May 2024, the Minister of Trade of Indonesia issued Regulation No.662/2024, reducing the plantation fund tariffs for the export of crude palm oil (CPO) from 90 USD/tonne to 75 USD/tonne. The new...
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Updated: 29 May 2024
Export tax
On 29 May 2024, the Minister of Trade of Indonesia issued Regulation No.662/2024, reducing the export duty on crude palm oil (CPO) from 33 USD/MT to 3 USD/MT. The new tax was adopted after setting the...
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Related State Acts
27 Jun 2024
Indonesia: Temporary changes in export duties of crude palm oil (27 June 2024)
27 Mar 2024
Indonesia: Temporary changes in export duties of crude palm oil (27 March 2024)
01 Nov 2022
Indonesia: Government increased the plantation fund tariffs for the exports of palm oil and its derivative products (November 2022)
09 Jun 2022
Indonesia: Government increased the export levies on crude palm oil and its derivative products
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