export duty

Shipment departure tax

Export duty is a tax imposed on goods shipped out of a country.

Governments levy export duties to generate revenue, discourage exports of scarce resources, or keep domestic prices lower by reducing supply sent abroad: The export duty on raw timber encouraged local processing.

Less common than import duties in modern trade policy.

Related

levy · bill of lading · protectionism · tariff policy · raw materials · border tax · free trade agreements · customs procedures · customs house · value-added tax · embargo · port · harbor · cargo ship · trade · shipping · clearance · port of entry

Opposites
direction of trade flow

export dutyimport duty

Tax on incoming goods

import tariff · import fee · import tax · customs duty · entrance fee

trade policy stance

export dutyfree trade

Unrestricted international exchange

trade policy orientation

export dutyfree trade agreement

Treaty eliminating tariffs between nations

Family

duty, export, customs duty, export tax

Familiarity
Top 500,000
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Used worldwide · Timeless · Rated G