export taxes
Outbound shipment duties
Export taxes are duties imposed by a government on goods leaving the country.
Unlike import tariffs, which protect domestic industries from foreign competition, export taxes typically aim to generate revenue, keep raw materials available for domestic use, or discourage the export of scarce resources: The export tax on rare earth minerals made foreign buyers look elsewhere.
- tariffsTaxes on imports
- trade barriersRestrictions on cross-border commerce
- customs dutiesTaxes on imports
- protectionismShielding local producers
- revenue generationCreating streams of income
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