The Minister of Finance, Purbaya Yudhi Sadewa, has officially imposed an export duty on gold exports with a maximum rate of 15%. This policy is stipulated in Minister of Finance Regulation (PMK) Number 80 of 2025 concerning the Designation of Exported Gold Goods Subject to Export Duty and the Applicable Export Duty Rates.
📌 Effective Date
This regulation will come into force 14 days from December 9, 2025, and will be fully implemented in the 2026 State Budget (APBN).
What Is Export Duty?
Export duty is a state levy imposed on goods exported abroad.
The imposition of export duty on gold exports aims to:
- Ensure the availability of gold in the domestic market
- Maintain stability in domestic gold prices
- Support downstream development (value-added processing) of the national gold industry
- Continue to take into account the sustainability of business activities within the industry
Tariff Scheme Based on Gold Reference Prices
Referring to Article 3 paragraph (2) of PMK 80/2025, export duty rates are determined based on gold reference prices, namely:
- US$2,800 up to below US$3,200 per troy ounce
- US$3,200 per troy ounce or above
The higher the gold reference price, the higher the export duty rate imposed.
Types of Gold Products Subject to Export Duty
Export duty applies to several gold products, including:
- Dore
- Cast bars
- Granules
- Minted bars
These products will begin to be subject to export duty in late 2025 and will be fully effective in the 2026 fiscal year.
Details of Gold Export Duty Rates
| No | Type of Gold Product | Tariff Code | Export Duty Rate (%) |
| 1 | Dore (bullion, ingots, cast bars, etc.) | ex 7108.12.10 / ex 7108.12.90 | 12.5% – 15% |
| 2 | Gold/gold alloy granules & other forms (non-dore) | ex 7108.12.90 | 10% – 12.5% |
| 3 | Gold/gold alloy bullion, ingots, cast bars (non-dore) | ex 7108.12.10 | 7.5% – 10% |
| 4 | Minted bars | ex 7115.90.10 | 7.5% – 10% |
Price Determination Mechanism
- Gold reference prices are determined by the Minister of Trade
- Export prices for export duty calculations are determined by the Directorate General of Customs and Excise (DGCE)
- Export duty is calculated on an ad valorem basis, taking into account:
- Quantity of goods
- Export price
- Applicable exchange rate at the time of the transaction