Pine Resin Exports Subject to 25% Export Duty, Cocoa Bean Tariff Reduced
The government has updated the provisions on export duties for a number of commodities. These changes are made through the issuance of Minister of Finance Regulation (PMK) Number 68 of 2025, which takes effect seven days after its promulgation, on October 15, 2025.
There are three new policies under this regulation:
First, the imposition of export duties on pine resin.
Second, the expansion of export duties to include palm oil derivative products or Crude Palm Oil (CPO).
Third, the adjustment of export duty rates for other commodities, namely, cocoa beans.
This regulation amends PMK Number 38 of 2024 and aims to ensure the availability of strategic commodities for domestic needs.
Export Duty Rate on Pine Resin
Under the previous regulation, only five commodities were subject to export duties: hides and wood, cocoa beans, palm oil (CPO) and its derivatives, as well as certain metallic mineral products.
However, in the latest regulation, the government has added a new commodity, pine resin, which is now subject to an export duty rate of 25%.
Pine resin falls under Tariff Heading ex 1301.90.90.
According to data from Perhutani (Indonesian State Forestry Public Company), pine resin is an essential raw material for various industries, such as paper, plastics, paint, batik, soap, printing ink, and polish.
Expansion of Export Duties on CPO
In the regulation signed by Minister of Finance Purbaya Yudhi Sadewa, the government also expanded the scope of export duties on Crude Palm Oil (CPO) derivative products.
Two additional CPO derivative products are now subject to export duties:
- Palm Oil Mill Effluent Oil, and
- High Acid Palm Oil Residue.
Adjustment of Export Duty Rates on Cocoa Beans
In addition to imposing export duties on pine resin, the government has also adjusted (reduced) the export duty rates on cocoa bean exports.
Under the previous regulation, the export duty rates for cocoa beans were:
- Tariff Column 1: 0%
- Tariff Column 2: 5%
- Tariff Column 3: 10%
- Tariff Column 4: 15%
Under the new regulation, the rates have been lowered to:
- Tariff Column 1: 0%
- Tariff Column 2: 2.5%
- Tariff Column 3: 5%
- Tariff Column 4: 7.5%
Conclusion
Through the issuance of PMK Number 68 of 2025, the government seeks to maintain a balance between export interests and domestic needs.
This policy reflects a strategic move to ensure the secure supply of industrial raw materials, while also encouraging the added value of Indonesia’s export products.
With the implementation of the new tariff rates, businesses are expected to adapt to a more selective fiscal policy that is oriented toward national economic sustainability. (ASP/KEN)
