# Argentina to raise biodiesel export tax to 15% as of July 1  : The Daily Digest

> Argentina will raise its export tax on soybean oil-based biodiesel from 8% to 15% effective July 1. The government aims to boost tax receipts and narrow the gap between taxes on biodiesel and on soybean and soy oil exports, which are currently 27% and 25%.

- Date: 2018-05-28 · published 2018-05-28T12:00:00.000Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/65105-argentina-to-raise-biodiesel-export-tax-to-15-as-of-july-1-the-daily-digest
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A higher export tax on biodiesel reduces Argentine biodiesel shipments and redirects soybean oil toward domestic or other uses. The effect on world soyoil and meal prices is mixed and likely modest.

## Read by commodity

- SBM: neutral
- SBO: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-12-13 | [Argentina to levy 8% tax on biodiesel exports](https://feedsoft.ai/events/67560-argentina-to-levy-8-tax-on-biodiesel-exports.md) | -0.4% | -1.2% |
| SBO | 2018-12-26 | [Indonesia to continue subsidizing biodiesel despite slashing palm oil export levy  : The Daily Digest](https://feedsoft.ai/events/61470-indonesia-to-continue-subsidizing-biodiesel-despite-slashing-palm-oil-export.md) | +0.6% | +6.4% |
| SBO | 2020-01-20 | [Argentine biodiesel producers stuck between a rock and a hard place at home too  : The Daily Digest](https://feedsoft.ai/events/55173-argentine-biodiesel-producers-stuck-between-a-rock-and-a-hard-place-at-home-too.md) | -5.5% | -8.6% |
| SBO | 2022-05-20 | [Malaysia to reduce palm oil export tax, biodiesel mandate](https://feedsoft.ai/events/15820-malaysia-to-reduce-palm-oil-export-tax-biodiesel-mandate.md) | -0.4% | -7.6% |
| SBO | 2022-05-13 | [Southeast region cuts palm oil export tax. How will it impact the biodiesel market?](https://feedsoft.ai/events/15824-southeast-region-cuts-palm-oil-export-tax-how-will-it-impact-the-biodiesel.md) | -5.0% | -5.4% |
| SBM | 2020-05-12 | [Brazilian biodiesel industry wants blending mandate at 14% from June ANP auction  : The Daily Digest](https://feedsoft.ai/events/53235-brazilian-biodiesel-industry-wants-blending-mandate-at-14-from-june-anp-auction.md) | -0.4% | +0.3% |
| SBM | 2021-02-09 | [Argentine oilseed crushers ease export tax hike fears with deal](https://feedsoft.ai/events/48456-argentine-oilseed-crushers-ease-export-tax-hike-fears-with-deal.md) | -2.0% | -5.1% |
| SBM | 2025-08-11 | [eFeedLink - Tax changes in Argentina could boost Brazilian soybean exports](https://feedsoft.ai/events/13841-efeedlink-tax-changes-in-argentina-could-boost-brazilian-soybean-exports.md) | +2.9% | +2.4% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/argentina-to-raise-biodiesel-export-tax-to-15-as-of-july-1/

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