Which commodities are initially covered by Indonesia's new state-controlled export policy, and what is the timeline for full implementation?

The new policy initially covers exports of palm oil, coal, and ferroalloy. It will take full effect after a three-month transition period, which may be extended to the end of the year; during this transition, exports continue as usual but are monitored by a state agency, and afterward, all transactions must be conducted exclusively through PT Danantara Sumber Daya Indonesia, a new state unit overseen by sovereign wealth fund Danantara Indonesia.

What are the stated objectives of Indonesia’s mandatory state agency control over key commodity exports?

The policy's stated aims are to improve transparency, stop under-invoicing practices, optimize government earnings, stabilize the rupiah, and enlarge foreign currency reserves.

Indonesia Mandates State Agency Control Over Key Commodity Exports

May 20, 2026

Indonesian President Prabowo Subianto mandates that exports of palm oil, coal, and ferroalloy be conducted through a state agency to boost revenue and stabilize the rupiah. The policy aims to improve transparency and stop under-invoicing over a three-month transition period.

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Indonesia Mandates State Agency Control Over Key Commodity Exports

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