Indonesia Collects IDR 24.6 Billion in Export Duties on Gold and Copper in Just One Month
Jakarta, CNBC Indonesia - The implementation of export duties on minerals, specifically copper and gold, in Indonesia has already generated IDR 24.6 billion in revenue for the state. The imposition of export duties, particularly on gold, was only implemented at the end of December 2025, meaning it has been in effect for just one month.
According to data from the Directorate General of Customs and Excise (DJBC) of the Ministry of Finance, in January 2026, revenue from export duties in the mineral sector reached IDR 24.6 billion. Of this, IDR 23.9 billion came from copper, while the remaining IDR 0.7 billion came from gold.
As is known, export duties on gold were officially implemented on December 23, 2025, with tariff rates ranging from 7.5% to 15%. This is as stipulated in the Minister of Finance Regulation (PMK) Number 80 of 2025.
In Article 3 of PMK 80/2025, the government stipulates that the export duty rate for gold exports depends on the Reference Price and the type of gold to be exported.
If the reference price for gold, as set by the Minister of Trade, is in the range of US$ 2,800.00 per troy ounce to less than US$ 3,200.00 per troy ounce, the export duty rate will be in the range of 7.5%-12.5%.
Meanwhile, if the Reference Price starts from US$ 3,200.00 per troy ounce, the export duty rate will be in the range of 10% to 15%, depending on the type of gold exported by exporters.
In Article 5 of PMK 80/2025, it is also stated that the calculation of Export Duties is determined based on a percentage of the Export Price (ad valorem) calculated using the following formula: Export Duty Rate x Number of Units of Goods x Export Price per Unit of Goods x Exchange Rate.
Here are the details of the export duty rates for each type of gold:
Dore in the form of lumps, ingots, cast bars, and other forms with a rate of 12.5% and 15% depending on the reference price range set by the Minister of Trade.
Gold or gold alloys in unworked form in the form of granules and other forms, excluding dore, with a rate of 10% and 12.5%.
Gold or gold alloys in unworked form in the form of lumps, ingots, and cast bars, excluding dore, with a rate of 7.5% and 10%.
Minted bars with a rate of 7.5% and 10%.
(pgr/pgr)