Global Trade Alert
Global Trade Alert

Indonesia: Temporary changes in export duties of crude palm oil (30 September 2024)

Announcement

30 Sep 2024

In September 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 893.64/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 Oct 2024

Revocation date:

No revocation date

Export tax

On 30 September 2024, the Minister of Trade of Indonesia issued Decision No.1330/2024, increasing the export duty on crude palm oil (CPO) from 18 USD/MT to 33 USD/MT. The new tax was adopted after se...

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Export tax

On 30 September 2024, the Minister of Trade of Indonesia issued Decision No.1330/2024, increasing the plantation fund tariffs for the export of crude palm oil (CPO) from 90 USD/tonne to 95 USD/tonne. ...

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