import fee

Customs duty payment

An import fee is a charge imposed on goods brought into a country from abroad.

Governments use import fees to generate revenue, protect domestic industries from foreign competition, or discourage imports of certain products.

The term overlaps with tariff and customs duty, though import fee sometimes refers specifically to administrative charges rather than protective taxes: The import fee on electronics added fifteen percent to the cost.

Related

trade war · quota · border · border crossing · cargo · shipping · shipping container · goods · trade · excise · tax · clearance · declaration · bill of lading · contraband · smuggling · warehouse · container

Categories
Opposites
trade direction

import feeexport duty

Tax on outbound merchandise

export tax

trade policy stance

import feefree trade

Unrestricted international exchange

Family

import, fee, imports, imported, importing, importer, importers, importation, port

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Used worldwide · Timeless · Everyday, not technical · Rated G