Regulation Watch · Tax Compliance · Indonesia, for exports during November 2026 of CPO, cocoa beans, specified leather, wood and pine-resin products, and branded RBD palm olein in packages with a net weight of no more than 25 kilograms, including exports by eligible PT PMA and PT PMDN companies.
November Export Charges Fall for CPO and Cocoa
Kepmendag 2064/2026 lowers November's CPO reference price to USD 978.90 per metric ton and cocoa's export benchmark to USD 5,242, while Kepmendag 2065/2026 refreshes the packaged palm-olein brands eligible for the USD 31-per-ton export-duty treatment.
- Published
- Kepmendag 2064/2026 and Kepmendag 2065/2026 were established on 29 October 2026. The Ministry of Trade JDIH records the ministerial decisions without a separate State Gazette promulgation date, and the Ministry published its implementation release on 30 October 2026. The preceding Kepmendag 1921/2026 and Kepmendag 1922/2026 were established on 29 September 2026.
- Effective
- The Kepmendag 2064/2026 benchmark prices and Kepmendag 2065/2026 packaged palm-olein brand list apply to exports from 1 through 30 November 2026, replacing the October parameters.
- Added to Watch
- 4 October 2026
- Updated
- 31 October 2026
Who is affected
Indonesian exporters of CPO, cocoa beans, specified leather, wood and pine-resin products, and branded packaged RBD palm olein; their foreign and domestic shareholders; directors; customs brokers; and finance, tax, trade-compliance, treasury, logistics and sales teams responsible for export declarations, pricing and margin control.
Practical impact
For November, the CPO reference price falls 6.07% from USD 1,042.15 to USD 978.90 per metric ton. Under the applicable Ministry of Finance schedules, this lowers the CPO export duty from USD 178 to USD 124 per metric ton and sets the export levy at 12.5% of the November reference price, or USD 122.36 per metric ton. The cocoa reference price falls 7.33% to USD 5,613.60 and its export benchmark falls 7.81% to USD 5,242 per metric ton, while the export duty and export levy remain 7.5% each under the cited tariff schedules. Branded RBD palm olein in packages up to 25 kilograms carries an export duty of USD 31 per metric ton only where the brand, owner and producer are listed in Kepmendag 2065/2026. Pine-resin rises slightly, leather and specified wood remain unchanged, and other wood benchmarks move in both directions, so exporters must use the exact commodity and tariff-line value in the official attachment rather than applying a headline rate across a product group.
The Ministry of Trade established Kepmendag 2064/2026 and Kepmendag 2065/2026 on 29 October for exports during November and published its official implementation release on 30 October. The first decision sets the monthly export benchmark and reference prices for covered agricultural and forestry products. The second lists the domestic and foreign brands, brand owners and Indonesian producers of packaged RBD palm olein that qualify for the specified export-duty treatment. The JDIH records the ministerial decisions without a separate State Gazette promulgation date.
For CPO, the November reference price is USD 978.90 per metric ton, USD 63.25 or 6.07% below October. Applying the Ministry of Finance schedules cited by the Ministry of Trade lowers the export duty from USD 178 to USD 124 per metric ton. The export levy remains 12.5% of the reference price and is USD 122.36 per metric ton for November. Exporters should update both charges in shipment costing rather than treating the price movement as market information only.
The cocoa reference price falls to USD 5,613.60 per metric ton and the export benchmark falls to USD 5,242, decreases of 7.33% and 7.81% respectively. The Ministry's release states that the November export duty and export levy for cocoa beans remain 7.5% each under the applicable Ministry of Finance schedules. Product classification and shipment timing determine the amount payable and should be checked before the export declaration is filed.
For branded RBD palm olein in packages with a net weight of no more than 25 kilograms, the stated November export duty is USD 31 per metric ton. Eligibility depends on the detailed list in Kepmendag 2065/2026, which identifies the brand, owner and Indonesian producer. A matching product description alone is not enough where the commercial brand or production entity does not match the attachment.
The November decision also changes several forestry benchmarks. Pine-resin HPE rises to USD 1,023 per metric ton, some veneer, packing-box plywood and processed-wood benchmarks rise, while other veneer, wood-chip and processed-wood benchmarks fall. Leather and specified wood benchmarks remain unchanged. Exporters must use the line-level attachment for the exact product and HS classification rather than generalising from the direction of one commodity group.
The immediate compliance task is a shipment-by-shipment November review. Finance and customs teams should align the HS code, quantity, shipment date, reference or benchmark price, tariff schedule, brand eligibility, declaration, payment and customer invoice. They should also review Incoterms and price-adjustment clauses so the lower headline charges are reflected correctly without overlooking product-specific movements, then replace the November parameters when the Ministry issues the December decisions.
Required action
- Identify every export scheduled from 1 through 30 November 2026 that falls within the agricultural or forestry tariff lines covered by Kepmendag 2064/2026, and map the exact HS code, product specification and shipment date to the official attachment.
- Recalculate export duty, export levy, selling margin and customer quotation for CPO and cocoa shipments using the November reference and benchmark prices together with the applicable Ministry of Finance tariff schedules.
- For RBD palm olein in branded packages of no more than 25 kilograms, verify that the brand, brand owner and producing company match Kepmendag 2065/2026 before applying the USD 31-per-metric-ton duty treatment.
- Update customs-declaration instructions and broker worksheets, and reconcile the declared quantity, customs value, export duty, export levy and payment evidence before goods are released for export.
- Review contracts with foreign buyers for tax, duty, price-adjustment and Incoterms clauses so the November cost change is allocated correctly and does not create an unplanned exporter margin variance.
- Keep both November ministerial decisions, their attachments, calculations, payment evidence, sales documents and export declarations in the shipment file, and monitor the Ministry of Trade for the replacement December decisions.