Indonesia’s Finance Minister Purbaya Yudhi Sadewa announced stricter export regulations for strategic commodities, particularly gold and coal, to promote domestic downstream industries and strengthen the local bullion ecosystem. Gold exports are now limited to products with at least 99% purity in the form of ingots, bars, or granules, with mandatory Surveyor Reports to verify quality before shipment. The move aims to preserve Indonesia’s substantial gold reserves and ensure sufficient domestic supply amid rising global gold prices, which reached USD 4,076.6 per troy ounce in November 2025.
Coal will also face export duties starting in 2026, encouraging higher-value processing and supporting decarbonization efforts. The government is tightening monitoring through pre-clearance intelligence, physical inspections, and post-clearance audits to prevent smuggling and document manipulation. These measures have already strengthened state revenue, with export oversight contributing IDR 496.7 billion as of November 2025, up from IDR 477.9 billion the previous year. Minister Purbaya emphasized that combining tariff policies with rigorous supervision will not only secure revenue but also incentivize domestic downstream industry growth.
