# Argentina to levy 8% tax on biodiesel exports

> Argentina will levy an 8% export tax on biodiesel starting next year, according to a decree published in the official gazette. The move came days after the US International Trade Commission confirmed anti-dumping and anti-subsidy duties on Argentine and Indonesian biodiesel for at least five years. The government cited the need to harmonize with the 27% tax on soybean oil exports.

- Date: 2017-12-13 · published 2017-12-13T12:00:00.000Z
- Category: policy · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/67560-argentina-to-levy-8-tax-on-biodiesel-exports
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

The tax raises the cost of Argentine biodiesel exports, which may reduce shipments and modestly support soybean oil demand in other markets. The effect on prices is likely limited because soybean oil export taxes already apply.

## Read by commodity

- SBO: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-05-28 | [Argentina to raise biodiesel export tax to 15% as of July 1  : The Daily Digest](https://feedsoft.ai/events/65105-argentina-to-raise-biodiesel-export-tax-to-15-as-of-july-1-the-daily-digest.md) | -1.3% | -7.7% |
| 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 | 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) | +0.3% | -1.6% |
| SBO | 2017-02-14 | [Bullish on biodiesel](https://feedsoft.ai/events/72361-bullish-on-biodiesel.md) | -4.4% | -6.8% |
| 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% |

## Sources

- hydrocarbonprocessing.com: https://hydrocarbonprocessing.com/news/2017/12/argentina-to-levy-8-tax-on-biodiesel-exports/

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