Global Trade Alert
Global Trade Alert

Indonesia: Temporary changes in export duties of crude palm oil (29 May 2024)

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....

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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 ad...

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