ANNOUNCEMENT 01 Jun 2016
In June 2016, the government of Malaysia announced a change in export taxation.NUMBER OF INTERVENTIONS
1
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
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.