IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 May 2018 | Removal date: 31 Aug 2018
Still in force

Export tax

On 1 May 2018, the export duty on crude palm oil (CPO) was reintroduced. The rate of duty was set at 5% for the month of May. Prior to May 2018, the duty was temporarily removed for a period of 4 months in an effort to reduce the high CPO stockpile, see related state act. The Malaysian authorities later extended the above duty for the month of June, July and August.

The Malaysian crude palm oil export tax is based on a variable scheme, which is determined by the CPO market price set by the Malaysian government monthly.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

216 Vegetable oils
1511 Palm oil and its fractions, whether or not refined, but not chemically modified.
151110 Crude oil

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