# Palm Oil Export Charge Funds Down 51.84 Percent To IDR 34.5 Trillion, Managing Director Of BPDPKS: Due To The Impact Of Prohibition Of CPO Exports And Derivative Products

> BPDPKS reported 2022 palm oil export levy receipts of IDR 34.5 trillion, down 51.84% from IDR 71.64 trillion in 2021. The drop was attributed to the government's April-May export ban on crude palm oil and derivatives and a zero levy period lasting until November 15.

- Date: 2022-12-22 · published 2022-12-22T12:00:00.000Z
- Category: report · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/15772-palm-oil-export-charge-funds-down-51-84-percent-to-idr-34-5-trillion-managing
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The export ban and zero-levy period removed palm oil supply from world markets for months, a disruption that supported global vegetable oil prices in 2022.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-02-02 | [Palm Oil Production Indonesia Fell 3% in 2016, Exports Down 5% \| Indonesia Investments](https://feedsoft.ai/events/12326-palm-oil-production-indonesia-fell-3-in-2016-exports-down-5-indonesia.md) | +2.1% | -5.8% |
| PALMOIL | 2017-04-07 | [Palm oil production and exports decline in Indonesia - Biofuels International Magazine](https://feedsoft.ai/events/71387-palm-oil-production-and-exports-decline-in-indonesia-biofuels-international.md) | -3.7% | -2.7% |
| PALMOIL | 2020-08-13 | [First-half contraction in palm oil output, exports due to 'domino effect': GAPKI - Business - The Jakarta Post](https://feedsoft.ai/events/51737-first-half-contraction-in-palm-oil-output-exports-due-to-domino-effect-gapki.md) | +1.8% | +5.6% |
| PALMOIL | 2016-12-19 | [Indonesia state research firm sees 2016 palm oil production down 2.3 percent](https://feedsoft.ai/events/73378-indonesia-state-research-firm-sees-2016-palm-oil-production-down-2-3-percent.md) | -1.2% | -0.3% |
| PALMOIL | 2021-11-13 | [Palm Oil News - CPO Gets More Expensive: Malaysian Production Decreased](https://feedsoft.ai/events/15867-palm-oil-news-cpo-gets-more-expensive-malaysian-production-decreased.md) | +2.4% | -4.6% |

## Sources

- voi.id: https://voi.id/en/economy/238212

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.