# Crude Palm Oil Becomes Indonesia's Largest Export Product by Value

> Databoks reports that crude palm oil has become Indonesia's largest export product by value. Export levies on palm products range from US$15 to US$55 per ton, and the revenue goes to central government rather than producing regions.

- Date: 2021-02-22 · published 2021-02-22T12:00:00.000Z
- Category: trade · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/48503-crude-palm-oil-becomes-indonesia-s-largest-export-product-by-value
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Palm oil's dominance in Indonesian exports underscores the importance of levy policy to supply flows, though this article restates existing structures rather than introducing a new market shock.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-09-23 | [Zuraida: Extension of Indonesia’s export levy waiver won’t impact demand for Malaysia’s crude palm oil \| Malay Mail](https://feedsoft.ai/events/15792-zuraida-extension-of-indonesia-s-export-levy-waiver-won-t-impact-demand-for.md) | -3.0% | -1.2% |
| PALMOIL | 2018-05-31 | [Palm oil exports from Indonesia and Malaysia fell](https://feedsoft.ai/events/65117-palm-oil-exports-from-indonesia-and-malaysia-fell.md) | -1.1% | -4.5% |
| PALMOIL | 2017-07-06 | [Indonesia questions EU policy on palm oil export \| Republika Online](https://feedsoft.ai/events/70009-indonesia-questions-eu-policy-on-palm-oil-export-republika-online.md) | +1.4% | +4.4% |
| PALMOIL | 2024-12-17 | [Palm Oil Demand Steady Amid Indonesia’s B40 Mandate and Export Levy Adjustments – MPOC](https://feedsoft.ai/events/15600-palm-oil-demand-steady-amid-indonesia-s-b40-mandate-and-export-levy-adjustments.md) | -2.4% | -12.4% |
| PALMOIL | 2022-07-24 | [Malaysia's palm oil demand to sustain despite Indonesia's export levy waive - Zuraida](https://feedsoft.ai/events/15808-malaysia-s-palm-oil-demand-to-sustain-despite-indonesia-s-export-levy-waive.md) | +1.3% | +3.7% |

## Sources

- databoks.katadata.co.id: https://databoks.katadata.co.id/en/trade/statistics/aedf375498cd137/crude-palm-oil-becomes-indonesias-largest-export-product-by-value

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