AreaIndonesia

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date22/09/2024

Policy CategoryTrade

Policy InstrumentExport policy

DescriptionAmended its export levy structure, moving from a graduated scale to a flat rate of 7.5 percent for crude palm oil (CPO). Effective 22 September 2024, the export levy on CPO is set at USD 63 per tonne, compared to USD 90 per tonne previously. This change is expected to enhance the competitiveness of Indonesian palm oil on the global export market.