ANNOUNCEMENT 01 Jun 2016

In June 2016, the government of Malaysia announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Malaysian Palm Oil Board, Economic & Industry Development Division: Export Duties 2016, June: http://bepi.mpob.gov.my/images/export-duties-2016/EXPORT_DUTY_RATE_JUNE_%202016.pdf


Inception date: 01 Jun 2016 | Removal date: 01 Jul 2016

Export tax

On 1 June 2016, the export duty on crude palm oil was increased to 5.5% for the month of June. Prior to June 2016 the duty had been temporarily set at 5% for a two month period, see related measure.
Affected trading partners are identified based on UN Comtrade's import data from 2014.
On 1 July 2016, the export duty is increased to 6%, see related measure.

AFFECTED SECTORS

 

AFFECTED PRODUCTS