What are Export Tariffs?

Export tariffs are taxes levied by governments on goods leaving their country. Unlike import tariffs, export tariffs are less common but serve strategic purposes, such as protecting domestic supply or generating government revenue.

Purpose of Export Tariffs:

• Resource Conservation: Limit exports of scarce resources to maintain domestic supply.
• Revenue Generation: Provide income for government budgets.
• Price Control: Influence global market prices by regulating the availability of exported commodities.

Types of Export Tariffs:

• Ad Valorem: Calculated as a percentage of the exported goods’ value.
• Specific: A fixed fee per unit, weight, or volume.

Impact on Businesses:

Export tariffs affect international pricing, competitiveness, and profitability. Businesses must consider these tariffs carefully when planning export strategies.

For assistance navigating tariffs and international trade complexities, contact our expert team today.