Export Duty
/ˈɛkspɔrt ˈdjuːti/
Definitions
- (n.) A tax or duty imposed by a government on goods as they are shipped out of the country.
The export duty on coffee was increased to protect the domestic market.
Forms
- export duties
Related terms
See also
Commentary
Export duties are distinct from import duties and often used to regulate trade balance or protect local industries.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.